Benefits Of Medicare Medicare is a health insurance program which is offered by a government to its citizens especially those of old age and those living with disabilities so as to help them get access to medical services without having to spend as much money as they would have to without the cover. This health insurance program is crafted in such a manner that the government is able to get a given amount of money from the payroll of its citizens as well as a given percentage of its taxes which are then set aside to cater for the services needed by the old or disabled without putting much pressure on them. Hospital Insurance is an example of Medicare and it involves providing medical cover for inpatients at a hospital recognized by the state, those receiving specialized care at a nursing home that is authorized or even those who are receiving the same specialized care in their own homes as long as they are within the description of those that can be covered. The main source of funding for the Hospital Insurance comes from the regular specified percentage deductions made on the citizens salaries which has been agreed on by the concerned parties. Another common form of Medicare is the Medical Insurance cover, a program that is meant to provide insurance cover for many health products and services received by a patient including regular checkups to ensure infections are noticed early, consulting a doctor and also the drugs that have been prescribed are offered for free or a small cost. Additional services that are also taken care of by this Medical Insurance cover include vaccination of people against deadly diseases such as tuberculosis, treating of cancer through chemotherapy, physiotherapy for patients involved in accidents and laboratory tests carried out. Money for Medical Insurance is generally derived from revenues that are gathered from the taxing system and also the small premiums which are paid regularly by the beneficiaries of the program. Sometimes the government also gives a private business Insurance company a contract and the license to provide a Medicare Advantage Plan which is a Medicare that offers both the Medical Insurance and the Hospital Insurance policies. This Medicare Advantage Plan include services such as Special Needs Plans which covers all patients with special needs, the Preferred Provider Organizations Plan and the Health Maintenance Organizations. The Prescription Drug Coverage is the final cover that is paid for by the state, some premiums and taxes and allows patients access to medicines the doctor instructs.