Medicare for Expats and More On Social Security

1 year ago
7

Medicare is a federal health insurance program in the United States primarily designed for individuals aged 65 and older, as well as certain younger individuals with disabilities. It provides coverage for hospital care (Part A) and medical services (Part B), with optional prescription drug coverage (Part D). Social Security, on the other hand, is a federal social insurance program that provides financial benefits to eligible individuals, including retired workers, disabled individuals, survivors of deceased workers, and their families. Both programs are funded through payroll taxes and are critical components of the U.S. social safety net, ensuring financial security and access to healthcare for millions of Americans in their retirement years.

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