229k views
5 votes
What is Medicare?

Medicare is federal life insurance for people under age 65.
Medicare is federal life insurance for people over age 65.
Medicare is federal health insurance for people under age 65.
Medicare is federal health insurance for people over age 65.

User Danisha
by
7.7k points

2 Answers

3 votes

Answer:

Medicare is federal health insurance for people over age 65.

Step-by-step explanation:

Medicare is a federal health insurance program that provides coverage to individuals over the age of 65. It is designed to help seniors pay for medical expenses such as doctor visits, hospital stays, and prescription medications. Medicare is funded by a combination of premiums paid by enrollees, as well as tax revenue. It is an important resource for many seniors who may not have other sources of health insurance or may have difficulty affording the cost of medical care. Medicare is a vital component of the United States healthcare system and helps ensure that older Americans have access to the medical care they need.

User Eduardo Cerqueira
by
8.0k points
3 votes

Answer:

Medicare is federal health insurance for people over age 65.

Step-by-step explanation:

Medicare is a federal health insurance program for people over age 65, as well as for some younger people with disabilities. It is a national health insurance program that provides coverage for a wide range of medical services, including hospital stays, doctor visits, and prescription medications. Medicare is funded by a combination of taxes and premiums paid by beneficiaries, and is administered by the Centers for Medicare and Medicaid Services (CMS). It is designed to help cover the healthcare costs of older Americans, who may have higher healthcare expenses due to age-related health conditions. Medicare is not a form of life insurance.

User Seidah
by
7.6k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.