Medicare is a federal health insurance program in the United States that provides coverage for people who are 65 years old or older, as well as certain younger individuals with disabilities.
Related terms
Social Security: A federal program that provides retirement benefits, disability benefits, and survivor benefits.
Affordable Care Act (ACA): Also known as Obamacare, it is a healthcare reform law designed to increase access to affordable health insurance options.
Medicaid: A joint federal and state program that provides health coverage for low-income individuals and families.