Medicare is a federal health insurance program primarily for people aged 65 and older. It also covers certain younger individuals with disabilities or end-stage renal disease.
Think of Medicare as a "healthcare safety net" for senior citizens. Just like a safety net catches you when you fall, Medicare catches older adults who need medical care.
Social Security: A government program that provides financial assistance to retired and disabled workers and their dependents.
Affordable Care Act (ACA): Also known as Obamacare, it is a comprehensive healthcare reform law designed to increase access to affordable health insurance options.
Medicaid: A joint federal-state program that provides healthcare coverage to low-income individuals and families.
Study guides for the entire semester
200k practice questions
Glossary of 50k key terms - memorize important vocab
© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.