Medicare is a federal program for the elderly that covers hospital services.
Step-by-step explanation:
Of all the developed nations the USA has a well established medical care health insurance for the entire population. In particular, they have devised medical insurance schemes for old age people who are 65 years and above.
This health insurance scheme extends help for paying for their hospitalization part A and part B for medical services. This program was established in the year 1965 and governed by the center for Medicare and Medicaid Services.
This health insurance scheme will cover poor people who cannot afford medical care. Enrolment to the schemes starts 3 months before he attains the sixty-fifth birthday. For your insight here are 4 parts of Medicare coverage:
- Part A
provides inpatient/hospital coverage.
- Part B
provides outpatient/medical coverage.
- Part C
offers an alternate way to receive Medicare benefits
- Part D
provides prescription drug coverage.