What Is Medicare and How Does It Work?

Medicare is a federal health insurance program for people age 65 and older, and for some younger individuals with disabilities.

There are four main parts of Medicare:

  • Part A – Hospital insurance
  • Part B – Medical insurance
  • Part C – Medicare Advantage plans
  • Part D – Prescription drug coverage

Each part covers different services, and understanding how they work together is important when choosing your coverage.

In this guide, we will break down each part so you can make informed decisions and avoid costly mistakes.