What is Medicare, as to most people, is a very important health insurance program.
It is administered by the U.S. government. What is Medicare primary concern is to
provide health insurance coverage to seniors who are aged 65 and above; to those
who are under 65 but are physically disabled or to those have End-Stage Renal Disease.
“What is Medicare?” - The most pivotal question asked by people considering health
care. Medicare helps with the cost of health care, but it does not cover all medical
expenses or the cost of most long-term care. However, Medicare has become one of
the government's most popular and helpful programs.
It provides coverage to about 14 percent of Americans and nearly every senior aged
65 or older gives importance to what is Medicare really about.
Medicare is originally divided into two basic parts: Part A (Hospital Insurance)
and Part B (Medical insurance). Also, together with these basic parts are Part C
(Medicare Supplement Insurance) and Part D (Medicare Prescription Drug Coverage).
What is Medicare best coverage depends on your individual medical needs. In other
words the greatest plan for you may be a terrible plan for someone else. Medicare
regulates the plans presented by the companies, so no company is really superior
to another. As far as the "cheapest" there is competition between companies on prices,
it really depends on what is Medicare best type of plan for you and to what your
actual cost will be.