Program Basics

Medicare

Quick answer

Medicare is the federal health insurance program for people age 65 and older, some younger people with disabilities, and people with End-Stage Renal Disease. It has four parts — A, B, C, and D — that together cover hospital, medical, plan-based, and prescription drug care.

Plain-English definition

Medicare is run by the Centers for Medicare & Medicaid Services (CMS). Most people get Part A premium-free based on payroll taxes they or a spouse paid while working, and pay a monthly premium for Part B.

Why it matters

Understanding the four parts and how they fit together is the foundation for every other Medicare decision you make.

A simple example

At 65 you enroll in Part A and Part B (Original Medicare), then choose either a Medigap + Part D combination or a Medicare Advantage (Part C) plan that bundles benefits.

Common mistakes & misconceptions

  • Assuming Medicare covers everything — there are deductibles, coinsurance, and things it never covers.
  • Confusing Medicare with Medicaid — they are separate programs.

Related terms

Frequently asked questions

Who is eligible for Medicare?+

People age 65+, certain younger people with disabilities receiving SSDI for 24 months, and people with ESRD or ALS.

People also ask

Is Medicare free?

Part A is premium-free for most people. Part B, Part C, and Part D usually have monthly premiums.

Sources & references

📚 Where this information comes from

When you're ready, compare plans on your own terms

See Medicare Advantage plans from the insurance companies we represent, or walk the course with a licensed agent whenever you'd like a second set of eyes.

We help compare Medicare Advantage plans from the insurance companies we represent, and we don't offer every plan available in your area.

Medicare Caddies is an independent insurance agency. We are not affiliated with, endorsed by, or connected to the U.S. government, the federal Medicare program, or the Centers for Medicare & Medicaid Services (CMS). We help compare Medicare Advantage plans from the insurance companies we represent, and we don't offer every plan available in your area.