Medicare federal insurance program

Medicare A federal health insurance program for people age 65 and older and younger people with disabilities that partially covers hospital, medical, and prescription drug costs. 

Medicare is the federal health insurance program that covers U.S. people over age 65 and persons with permanent disabilities. In 2001, it covered 39... 

Medicare is the health insurance program for people 65 years of age or older, certain younger individuals with disabilities, and citizens with End-Stage Renal Disease (permanent kidney failure with dialysis or a transplant, sometimes called ESRD). This program is administered by the Department of Health and Human Services through the Health Care Financing Administration (HCFA) of the United States federal government. 

Medicare A Federally administered health insurance program covering the cost of services for people 65 years of age or older, receiving Social Security Disability Insurance payments for at least two years, or with end-stage renal disease. Medicare consists of two separate but coordinated programs-hospital insurance (Part A) and supplementary medical insurance (Part B). Health insurance protection is available to insured persons without regard to income. 

Medicare a nationwide, federally-administered health insurance program which covers the costs of hospitalization, medical care, and some related services for eligible persons. Medicare has two parts Part A covers inpatient costs. Medicare pays for pharmaceuticals provided in hospitals, but not for those provided in outpatient settings. Also called Supplementary Medical Insurance Program. Part B covers outpatient costs for Medicare patients. 

Private employers, the federal government, and state and local governments invest significant financial resources in health care purchasing expenditures. In 1995, private employers contributed 183.8 billion to private health insurance premiums, whereas the federal government spent 11.3 billion on private health insurance premiums, and state and local government spent 47.1 billion. " In 1995, more than 83% of the insured population was covered by private insurance, whereas about 31% was enrolled in a public program, such as Medicare or Medicaid. 

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