What is the purpose of medicare?

Those with end-stage kidney disease (permanent renal failure requiring dialysis, or a transplant) Medicare Part A covers inpatient hospitalization, skilled nursing facilities and hospices, laboratory tests, surgeries, and home medical care. Medicare is federal insurance that covers anyone over 65 and certain people under 65 who have disabilities or other conditions. Medicaid is a federal-state program that offers health insurance to people who have limited income or resources.

Medicaid provides benefits such as nursing homes care, personal care and assistance with Medicare premiums. Medicare covers specific services in different ways. The majority of beneficiaries opt to receive their Medicare Part A and B through Original Medicare. This is the traditional fee for service program provided directly by the federal government. Medicare is also known as traditional Medicare, or Fee-for-Service Medicare (FFS). Original Medicare is a program where the government pays directly to you for your health care. Medicare is accepted by most doctors and hospitals across the nation. Medicare is a federal health insurance program that covers people aged 65 or older and those with certain disabilities. As you age, your coverage is important in controlling medical costs. However, Medicare does not cover everything. Medicare is the national health care system funded by the United States Congress. It was created in 1965 as part of the Social Security Act amendments, to cover people over 65 who had no health insurance. Medicare Part A premiums will be free for anyone who has paid payroll taxes to Medicare or contributed to it over a period of 10 years. Other parts of Medicare are your responsibility. Medicare was established on July 30, 1965 when President Lyndon B. Johnson passed the law creating Medicare and Medicaid. The Original Medicare program consisted of what are now called Part A (hospital coverage) and Part B, (medical coverage). In 1972, Medicare expanded its coverage to include the disabled, those with kidney disease that required dialysis, or people who were 65 years old and over, who chose Medicare coverage. Since then, more benefits, including prescription drug coverage, have been added. Families First Coronavirus Response Act clarified, for Medicaid, that states not expanding Medicaid can still use Medicaid to cover COVID-19-related services for adults without insurance who would have been eligible for Medicaid if their state decided to expand. This state option is also available to other populations who have limited Medicaid coverage.

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