Medicare is a health insurance program devised by the federal government to provide medical care for seniors and disabled Americans.
Medicare Extended Definition
Medicare is a federal healthcare plan that provides medical assistance to seniors over 65 and other citizens affected by specific diseases.
The program is spearheaded by the Centers for Medicare and Medicaid Services and is mainly funded by payroll taxes contributed by the employee and employer.
Last Updated By
Rachel Blakely-Gray | Apr 28, 2023