Medicare is a social insurance program pays healthcare expenses for seniors over the age of 65 years. Since its introduction in the 1960s, it has expanded the number of seniors who have access to healthcare to the point where only 2% are currently uninsured. However, Medicare does not pay all costs, and the gap can be costly. Many life insurance companies offer Medicare Supplemental Health Insurance to cover costs that Medicare does not pay.
What is Medicare and how does it help seniors?
Medicare is a social insurance program that was instituted in 1966 and is managed by the U.S. government. It provides medical care for seniors over the age of 65, who have paid into the system over their working lives though their payroll taxes.
Medicare has expand Continue reading “How Medicare Supplemental Insurance Helps Seniors”