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Medicare is a health insurance program, with four distinct parts. Parts A, B, C, and D provide programs for older people and people with specific disabilities.
Medicare Part B covers medical expenses and outpatient care. Many services have a 20% coinsurance, and the 2020 deductible is $198. Read more here.
Lyndon B. Johnson signing the Medicare amendment (July 30, 1965). Former president Harry S. Truman (seated) and his wife, Bess, are on the far right.. Originally, the name "Medicare" in the United States referred to a program providing medical care for families of people serving in the military as part of the Dependents' Medical Care Act, which was passed in 1956. [7]
Part B is another part of Original Medicare, meaning a person will pay the premium to the federal government. Part C: Private insurers offer Part C plans, also called Medicare Advantage plans.
Medicare Advantage Plans or Part C. Medicare Advantage plans, offered by private insurers, combine Original Medicare with extra benefits like vision, dental, hearing, and prescription drug coverage.
In addition to government-provided Parts A and B, Medicare Part C is optional private insurance that Humana , Aetna , UnitedHealth , and others provide. Better known as Medicare Advantage Plans ...
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