According to the Official U.S. Government Site for Medicare, the Medicare program guarantees health insurance for people ages 65 or older and people under 65 with certain disabilities as well as people of any age with End – Stage Renal Disease (ESRD) (permanent kidney failure that requires a regular course of dialysis or a kidney transplant).
The whole Medicare social insurance program is divided into different parts where each of the part covers specific services:
Medicare Part A applies to Hospital Insurance and covers inpatient care in hospitals and skilled nursing facility, hospice, and home health care.
Medicare Part B applies to Medical Insurance and covers not only doctors’ and other health care providers’ services, outpatient care, durable medical equipment, and home health care, but also some preventive services to help maintain your health and to keep certain illnesses from getting worse (for example, preventive services include Pap tests, flu shots, and screening mammograms).
Medicare Part C, or Medicare Advantage, offers health plan options run by Medicare-approved private insurance companies, helps to get the benefits and services covered under Part A and Part B, and may include extra benefits for an extra cost. Most Medicare Advantage Plans cover Medicare prescription drug coverage (Part D).
Medicare Part C, or Medicare Prescription Drug Coverage, covers the cost of prescription drugs or may help lower your prescription drug costs and help protect against higher costs in the future.