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Medicare

A federal Program that pays for certain health care expenses for people aged 65 or older. Enrolled individuals must pay deductibles and co-payments, but much of their medical costs are covered by the program. Medicare is less comprehensive than some other health care programs, but it is an important source of post-retirement health care. Medicare is divided into three parts. Part A covers hospital Bill, Part B covers doctor Bill, and Part C provides the Option to choose from a package of health care plans.

Related Terms: 12 Bill, Car, Cover, Deductible, Expense, Fed, Heir, Import, Medicare, Option, Program, Retire
Other Related Pages: Category: Insurance Starting With: M
Semi Related Terms: 550 CLICK HERE TO VIEW
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