Glossary · Medicare

What is Medicare?

Medicare is the federal health insurance program for people 65 and older, certain younger people with disabilities, and people with End-Stage Renal Disease. It is not part of the Health Insurance Marketplace.

Definition and figures from HealthCare.gov glossary, CMS fact sheet, checked October 23, 2026. This page explains the term; it does not recommend a plan.

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Medicare: the facts

ItemFactSource
Who qualifiesPeople 65 and older, certain younger people with disabilities, people with ESRDHealthCare.gov glossary: Medicare
Part B standard premium (2026)$202.90 a monthCMS fact sheet: 2026 Medicare Parts A & B premiums and deductibles (Nov 14, 2025)
Part A deductible (2026)$1,736 per benefit periodCMS fact sheet: 2026 Medicare Parts A & B premiums and deductibles (Nov 14, 2025)

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What does medicare mean in health insurance?

Medicare is the federal health insurance program for people 65 and older, certain younger people with disabilities, and people with End-Stage Renal Disease. It is not part of the Health Insurance Marketplace.

Source: HealthCare.gov glossary: Medicare; CMS fact sheet: 2026 Medicare Parts A & B premiums and deductibles (Nov 14, 2025). Data as of October 23, 2026. Last updated October 23, 2026. How we source data. Spotted an error? Send a correction.

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