What You Need to Know About Medicare

This first entry will be a general overview of Medicare and as the weeks progress, we will breakdown the coverage of each part of Medicare and its associated policies. We’ll look at all the options you have so you’re assured that you are covered and protected.

MEDICARE GENERAL OVERVIEW

Medicare is the country’s health insurance plan for people over 65 years of age and for other persons, under age 65, who have certain disabilities or conditions. Medicare has been around since 1965, when it was signed into law by President Lyndon B. Johnson. There have been several amendments to the original Medicare plan: once in 1972 and the most recent Medicare Modernization Act (MMA) signed into law by President George W. Bush in 2004.

Medicare is divided into four parts: