What is Medicare?

What is Medicare?

• A. A short-term hospital program.
• B. A retirement savings program.
• C. A private health plan for children.
• D. A federal program of health insurance for persons 65 years of age and older.

Answer: (D)

Medicare is a federal health insurance program for people 65 and older (and for some younger people with disabilities or certain conditions). It is run by the federal government and provides coverage for hospital stays, medical services, and often prescription drugs through its different parts. This description best matches Medicare because it is not a short-term hospital program, not a retirement savings plan, and not a private health plan for children. Medicare is specifically about providing health insurance to older adults through a government program.

Medicare is a federal health insurance program for people 65 and older (and for some younger people with disabilities or certain conditions). It is run by the federal government and provides coverage for hospital stays, medical services, and often prescription drugs through its different parts. This description best matches Medicare because it is not a short-term hospital program, not a retirement savings plan, and not a private health plan for children. Medicare is specifically about providing health insurance to older adults through a government program.