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Thursday, April 1, 2010

Medicare (United States)













Medicare is a social program administered by the U.S. government, which provides health insurance to people who are over 65 or who meet other

special criteria. The program also funds established training programs for the vast majority of doctors in the United States. Medicare operates as a

single pay health care. Social Security Act of 1965 became law July 30, 1965 by President Lyndon B. Johnson changes in social security legislation. The

Bill-ceremony President Johnson enrolled former President Harry S. Truman as the first Medicare beneficiary and gave him the first Medicare card, and

his wife Bess, on the other.

What is Medicare?
Medicare is the health insurance plan administered by federal people over 65 and some disabled people. Original Medicare has two parts: Part A

(hospitalization) and Part B (outpatient services).

Although Medicare covers many health care services and supplies some of the costs not covered. Coverage depends on what type and how often you

need health care, and belong to a different deductible, co-insurance and other expenses out of pocket.

High coverage beyond Original Medicare, you can choose a Medicare Advantage (Part C) and Medicare (Part D) plans.

My Settings
We offer access to two Medicare solutions:

Medicare Advantage (Medicare Part C) - Medicare approved the original plan instead of Medicare generally lower the costs out of pocket.
Plan Medicare Prescription Drug (Part D of Medicare) - covering the cost of prescription drugs, until a certain amount.

Neither Part A or Part B pays for all of a covered person's medical expenses. The program includes premiums, deductibles and coinsurance, which

included individual must pay out-of-pocket. A study published by the Kaiser Family Foundation found in 2008 Fee-for-service Medicare benefit package

was less generous than both the typical large employer PPO plan or the public employees health benefits program standard options. Some people may

be eligible for other government programs (eg Medicaid) pay premiums and some or all the costs associated with Medicare.

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