If you just turned 65 or older, here is some excellent news for you: you now qualify for Medicare coverage. And, if you don't know about Medicare and why you need it, read on. In addition, note that Medicare also caters to younger people with specific disabilities.

What Is Medicare?

Medicare is a health insurance program provided by the United States federal government to individuals aged 65 and above. It has helped tens of millions of U.S. citizens with their healthcare expenses since its creation.

However, this program does not cover the old exclusively. It also includes younger disabled people that have qualified for eligibility and those with ailments like end-stage renal disease.

Suppose you are a US resident or live in US territories, except Puerto Rico, and you collect social security due to retirement or disability. In that case, you are automatically enrolled into Medicare when you are eligible.

If you fulfill all requirements but aren't eligible for Social Security retirement or haven't started collecting benefits yet, you need to reach out to Social Security for enrollment.

Benefits of Medicare

Medicare has the following advantages.

It Covers Those Who Are Not in a Position to Afford Coverage

Medicare offers the less fortunate people aged 65 years or older the opportunity to enjoy health coverage. Most of these people cannot afford other expensive options, so this program is a true lifesaver.

It's affordable

Typically, as an eligible Medicare enrollee, expect to get free Medicare Part A (hospital insurance). However, you will have to pay a small amount for Part B (medical insurance).

You get additional coverage from Medicare Advantage

Medicare Advantage enrollments have skyrocketed in the recent past. More U.S. citizens now opt for their plans because it avails a better alternative for accruing Medicare benefits.

It has led to improved medical standards.

Hospitals are required by law to fulfill specified standards before they are considered fit to enroll for Medicare and Medicaid programs. This program compels hospitals to be accountable and maintain quality services.

Medicare Advantage Plans Explained 

Medicare Advantage Plans are more convenient alternatives for getting Medicare coverage. These plans are available in private companies that are approved and follow the rules and regulations established by Medicare.

To enjoy the advantages that come with most Medicare Advantage plans, pick a provider within the plan's network to save costs.  Furthermore, ensure you get the most suitable Medicare Advantage plan available.