As a Medicare enrollee, you might be shocked to discover how many benefits come with zero, or almost zero, out-of-pocket costs. While premiums, deductibles and coinsurance can apply to some services, there are many other essential services that Original Medicare covers when you meet the eligibility requirements.
A federal government health insurance program, Medicare is primarily for people age 65 and older. It can also cover younger individuals with specific health conditions and disabilities. Medicare includes different types of coverage — hospital insurance (Part A), medical insurance (Part B), Medicare Advantage plans (Part C) and prescription drug coverage (Part D).