Medicare is a vital health insurance program for Americans aged 65 and older and younger individuals with disabilities. It includes different parts: Part A for hospital visits, Part B for doctor visits and outpatient care, Part C offers managed care plans, and Part D covers prescription drugs. Your Medicare taxes support Parts A and B. At the same time, higher-income earners may pay additional premiums for Parts B and D. Understanding these components helps ensure comprehensive healthcare coverage as you plan for your future. #Medicare #HealthInsurance #RetirementPlanning
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