What is Medicare?

Medicare is a government administered insurance program that provides health insurance for US citizens aged 65 and older. Medicare also provides health insurance to younger individuals with disabilities and certain diseases.

Medicare is the nation’s largest health insurance program, which insures more than 50 million Americans. Your initial enrollment in Medicare is time sensitive. It’s important to remember to sign up for Medicare within the seven-month time frame that begins three months before the month you turn 65 and ends three months after the month you turn 65.

Medicare has different categories of insurance, with many options within each category. Part A covers hospital stays and costs. Part B is designed to pay for many of the health care costs not covered by Part A. You can also purchase an all-in-one managed care Medicare Advantage plan that provides your Part A and Part B coverage.