Medicare 101
What is Medicare?
Medicare was founded in 1965 to serve as a safety net to help cover some of the costs associated with health care for older Americans and those with certain disabilities. It’s an insurance program administered by the Centers for Medicare and Medicaid Services, an agency of the federal government.
Who is Eligible?
You are typically eligible for Medicare after 10 or more years of working and paying Social Security taxes. In order to begin receiving Medicare benefits, you must be age 65 and a U.S. citizen or permanent resident. If younger than 65, you can qualify for Medicare if you have end-stage renal disease or certain disabilities.
