Welcome to the world of Medicare! If you're wondering what it is and how it works, you're in the right place. In this series of five articles, we'll explain the basics of Medicare in a clear and simple manner. Let's get started!
Medicare is a health insurance program by the United States government that was established in 1965. Its main objective is to provide medical coverage to individuals aged 65 and older, as well as younger individuals with certain disabilities or chronic illnesses.
Currently, over 62 million people are enrolled in Medicare! It's evident that it's a highly important healthcare program in our society.
It's important to note that Medicare doesn't cover all medical expenses in full. Medicare beneficiaries typically have to pay monthly premiums, deductibles, and copayments for covered services. Additionally, there are certain coverage limitations, and some specific services and treatments may not be included.
It's recommended that individuals interested in Medicare educate themselves in detail about the different aspects of the program and the options available to choose the coverage that best suits their needs. Evaluate your needs, budget, and eligibility to make an informed decision about the health insurance that best fits you.
If you're unsure about what type of health insurance is right for you, we recommend speaking with an insurance advisor or seeking help from community organizations that provide assistance on healthcare matters. They can guide you and help you make the best decision.
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