Overview of Medicare
Medicare is the federal insurance program that offers healthcare coverage for people who are over 65 years old. It is run by the Centers for Medicare and Medicaid Services. The fund comes from different sources, including the government budget, premiums that you have to pay, and Medicare and Social Security taxes from your income. After the enrolment, you can choose from different options and plans provided by Medicare. These include Original Medicare (Parts A and B), Medicare Advantage, and Part D (also known as Medicare prescription drug plan). [1]
