Medicare
Medicare definition - business
Medicare
A government-administered health care program for people 65 years of age and over, some disabled people under age 65, and people with kidney failure. Medicare includes Part A (generally without charge), which provides coverage for inpatient hospital care, skilled nursing facilities, hospice care, and some home health care. Medicare Part B requires a monthly premium and provides coverage for doctors' services, outpatient hospital care, and certain medical services not included in Part A.
The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
Comments
Improve this definition.
Share on Facebook