| Medicare |
 A U.S. federal health program that subsidizes people who meet one of the following criteria:
1. An individual over the age of 65 who has been a U.S. citizen or permanent legal resident for five years.
2. An individual who is disabled and has collected Social Security for a minimum of two years.
3. An individual who is undergoing dialysis for kidney failure or who is in need of a kidney transplant.
4. An individual who has Amyotrophic Lateral Sclerosis (ALS-Lou Gehrig's disease).
Medicare helps out people at a time in their lives when they may have serious health problems but lack the funding for treatment.
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Medicare is divided into two parts. The first part of the coverage encompasses in-patient hospital, skilled nursing facility, home health and hospice care. The second part of coverage encompasses almost all the necessary medical services (doctors' services, laboratory and x-ray services, wheelchairs, etc).
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Taking the Surprise Out of Long-Term Care - You too may need long-term care one day. Don't be left unprepared: find out what to look for in LTC insurance policies.
Long-Term Care Insurance: Who Needs It? - No one is immune to the possibility of one day needing long-term care - and the costs can deplete a life savings. |
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