Ravi’s Gadgets

Tag: Disabilities

Understanding medicare and other health insurance products

by Ravi on Nov.18, 2009, under Where To Put It?

Medicare is a GREAT health insurance program!! The problem is most people feel intimidated by it. They are overwhelmed by the choices and get frustrated and ultimately turned off by the whole system. That is unfortunate, but hopefully this article will clear up some of these issues.

Medicare is a health insurance program designed for seniors (people 65 & older) and people with certain disabilities. It covers Hospitalization costs (Medicare Part A) and doctors or outpatient services (Medicare Part B). It was signed into law in 1965 by Lyndon B. Johnson. It has gone through many changes over the years and now there is also Medicare Part C (also called Medicare Advantage) and Medicare Part D (prescription Drug coverage).

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