Jill On Money: Club Medicare

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Jill On Money: Club Medicare
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On July 30, 1965, President Lyndon B. Johnson signed the Medicare bill into law. The program was intended to provide medical care and health insurance to most Americans age 65 or older and has evol…

The first major addition occurred in 1972, which was an expansion to Americans under 65 with certain disabilities and anyone with permanent kidney disease requiring dialysis or transplant and those with ALS .

Here are the most frequently asked questions that I receive about joining “Club Medicare,” or as my friend likes to call it, Club Med!The alphabet soup of coverage is composed of four parts:— Medicare Part B: medical insurance— Medicare Part D: prescription medicationsOriginal Medicare is composed of Part A and Part B, and it “covers most, but not all of the costs for approved health care services and supplies.

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