Health Insurance for Individuals, Families, Seniors, Self Employed and Small Businesses

A Federal program that mainly insures the elderly and disabled people.

There are four parts to Medicare. Part A and B comprise the original fee-for-service Medicare plan. Part "A" covers hospitalization. Part "B" covers doctors' and other outpatient services. Part "C" also known as Medicare Advantage, is Medicare offered through a network of providers such as HMO (Health Maintenance Organization) or PPO (Preferred Provider Organization). Part "D" covers prescription drugs.

You can also pay for private supplemental programs to give you more coverage than Medicare offers (see "Medi-gap insurance"). Medi-gap policies exist for many health care services, but not prescription drugs.