Medicare has been providing Americans with health insurance since 1966. A government health insurance program, Medicare offers cover to Americans aged sixty-five and over who have worked and paid into the health insurance program through their payroll tax. The Medicare program has also been expanded to younger people who have permanent disabilities and certain diseases.
Commonly, government programs are complex and complicated to understand. However, Medicare doesn’t need to be complicated, if you know the basics.
In this article, we break down the essential info so it is crystal clear how Medicare can help you with your health and personal finance.
There are four parts to Medicare benefits:
These four parts of Medicare provide health services and coverage for over 55 million people in America. On average half of the USA’s health care charges are covered by Medicare giving the members financial relief when they need it the most.
Medicare members typically pay a monthly premium so they can rest assured that they will have the health care they deserve without the financial stress of having the massive bills.
If you’re interested in finding out more about Medicare and how you can ensure you are maximizing your personal finance when it comes to your health check out the website or contact one of the friendly Medicare team today.