Medicare is a federal health insurance program in the United States that provides health coverage to people aged 65 and over, as well as certain younger people with disabilities and those with end-stage renal disease. It is funded by a combination of payroll taxes, premiums, and surtaxes from beneficiaries. Medicare is divided into four parts: Part A (hospital insurance), Part B (medical insurance), Part C (Medicare Advantage plans), and Part D (prescription drug coverage). Medicare Advantage plans are private health plans that are approved by Medicare and offer additional benefits beyond what is covered by traditional Medicare.
Companies offering Medicare plans include Aetna, Anthem, Cigna, Humana, UnitedHealthcare, and WellCare. Show Less Read more
