Medicare is a federally administered health insurance program for people 65 years of age or older, certain disabled individuals that have been receiving Social Security Disability Insurance for 24 months, and for people with End-Stage Renal Disease (permanent kidney failure treated with dialysis or a transplant). Medicare was created as part of the Social Security Act of 1965, and currently provides benefits to over 40 million people. Click here to view a brief overview of the Medicare program prepared by the Centers for Medicare and Medicaid Services, the federal agency that administers the Medicare program.
Effective January 1, 2006, Medicare will begin providing outpatient prescription drug benefits to beneficiaries for the first time in the history of the program. Drug coverage and benefit design varies according to the Part D plan selected. Each year, Medicare beneficiaries may elect to sign up for a Medicare plan that includes Part D coverage. During this inaugural year, the open enrollment period runs through May 15, 2006. Additional information is available at www.Medicare.gov and through the Centers for Medicare and Medicaid Services.
Medicare also covers physician-administered drugs and vaccines through Medicare parts A and B. The following links provide useful information about drug coverage under Medicare parts A, B, and D.
Medicare General
Part D Prescription Drug Coverage
Part B Fee For Service Drugs
Medicare Coverage and Policy
Medicare Payment Systems
Healthcare Common Procedure Coding System (HCPCS) Coding