Definition: Medicare health insurance refers to a form of government-sponsored healthcare that provides coverage for certain medical expenses, such as prescription drugs, outpatient services, and hospital stays. The Medicare health insurance system is administered by the U.S. Department of Health and Human Services (HHS) and includes two main programs: Medicare Advantage (MA) and Medicare Part D (Medigap). Medicare Advantage plans are provided through networks of private physicians and hospitals that offer a combination of in-network and out-of-network coverage options, while Medicare Part D is available as an over-the-counter supplement to Medicare benefits. The term 'medicare health insurance' is used to refer to the government-funded healthcare programs administered by HHS. The Medicare health insurance system is designed to provide access to quality healthcare for all Americans regardless of their financial status or ability to pay for healthcare.

medicare health insurance