Generally, Medicare provides benefits for people who have, or are recovering from, an illness or injury.
How Medicare Works:
Medicare is divided into two parts: Part A (Hospital Insurance) and Part B (Medical Insurance).
About Part A - Part A pays for covered services received from hospitals and other institutional providers, such as skilled-nursing communities. Most people are entitled to Part A coverage. People who are entitled to Part A are automatically enrolled in it when they sign up for Social Security.
About Part B - Part B is an optional program. It covers services from doctors and other professional healthcare providers. If you choose this coverage, you must pay a monthly premium. There is also a deductible for all Part B services, including doctor’s services. Then, Medicare pays 80 percent of the allowed amount for covered services. You pay 20 percent.