A U.S. federal health program that subsidizes people who meet one of the following criteria:

1. An individual over the age of 65 who has been a U.S. citizen or permanent legal resident for five years.

2. An individual who is disabled and has collected Social Security for a minimum of two years.

3. An individual who is undergoing dialysis for kidney failure or who is in need of a kidney transplant.

4. An individual who has Amyotrophic Lateral Sclerosis (Lou Gehrig's disease).

Medicare helps out people at a time in their lives when they may have serious health problems but lack the funding for treatment.

Medicare is divided into two parts. The first part of the coverage encompasses in-patient hospital, skilled nursing facility, home health and hospice care. The second part of coverage encompasses almost all the necessary medical services (doctors' services, laboratory and x-ray services, wheelchairs, etc).

Investment dictionary. . 2012.

Look at other dictionaries:

  • Medicare — medi·care / me di ˌkar/ n often cap: a government program of medical care esp. for the aged Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. Medicare …   Law dictionary

  • Medicare — may refer to any of several publicly funded health insurance programs: Medicare (Australia) Medicare (Canada) Medicare (United States) See also Medicaid Medicare Australia Medicare Resources China Medicare Rights Center United States …   Wikipedia

  • Medicare — Med‧i‧care [ˈmedɪkeə ǁ ker] noun [uncountable] a system in the US by which the government helps to pay the cost of medical treatment for old people: • There has been talk of cutting the Medicare budget further next year. compare Medicaid * * *… …   Financial and business terms

  • Medicare — Programme bestehen in mehreren Ländern; es handelt sich um staatlich finanzierte Krankenversicherungen Medicare (Australien) Medicare (Kanada) Medicare (Vereinigte Staaten) Diese Seite ist eine Begriffsklärung zur Unters …   Deutsch Wikipedia

  • medicare — v. tr. [dal lat. medicare, der. di medĭcus medico1 ] (io mèdico, tu mèdichi, ecc.). 1. (med.) a. [curare qualcuno applicando sostanze curative sulla parte lesionata e proteggendo poi quest ultima con una fasciatura: m. un ferito all ospedale ]… …   Enciclopedia Italiana

  • Medicare — En EE.UU., seguro sanitario nacional, con financiación federal, para determinadas personas mayores de 65 años de edad. El programa consta de dos partes. La parte A proporciona una protección básica frente a los costes de asistencia hospitalaria… …   Diccionario médico

  • Medicare — name for a state run health insurance system, 1962, originally in a Canadian context, from MEDICAL (Cf. medical) + CARE (Cf. care). U.S. use is from 1965 …   Etymology dictionary

  • Medicare — ☆ Medicare [med′i ker΄ ] n. [ MEDI(CAL) + CARE] [also m ] a national health program through which certain medical and hospital expenses of the aged and the needy are paid for from federal, mostly social security, funds …   English World dictionary

  • Medicare — El Presidente Lyndon Johnson firmando la creación de Medicare. El Ex Presidente Harry S. Truman y su esposa, Bess, aparecen en el extremo izquierdo …   Wikipedia Español

  • Medicare — Le président Johnson officialise la mise en vigueur de Medicare en présence de Harry Truman le 30 juillet 1965. Medicare est le nom donné au système d assurance santé géré par le gouvernement des États Unis au bénéfice des personnes de plus de 65 …   Wikipédia en Français

  • Medicare — The United States government’s health insurance program for older people and some who are younger but are disabled. Medicare is funded by the Social Security Administration. with a budget equal to about 10% of the entire US budget. Medicare… …   Medical dictionary

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