Georgetown Public Policy Review April 6, 2023
Americans above the age of 65 and people with certain long-term disabilities under the age of 65 are eligible to receive health insurance benefits through the Medicare program, which includes traditional Medicare and Medicare Advantage. Traditional Medicare is operated by the federal government, while Medicare Advantage (MA) plans are operated by private insurers who contract with Medicare and are regulated and reimbursed by the federal government. Beneficiaries can enroll in one of the two programs.
A quick breakdown of Medicare benefits:
- Part A covers inpatient hospital stays, hospice care, and skilled nursing facilities.
- Part B covers services from physicians, preventative and diagnostic care, and durable medical equipment.
- Part C (Medicare Advantage) provides the services covered under parts A and...
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