What Is Medicare?

Medicare is a federal health insurance program that subsidizes healthcare services in the United States. The plan covers those aged 65 and above, as well as younger persons who satisfy certain qualifying requirements and people with specified illnesses. Medicare is broken down into several plans that cover a wide range of healthcare needs, some of which are paid for by the covered person. While this allows the program to provide customers with more cost and coverage options, it also adds to the program’s complexity for those looking to enroll.