The Medicare program was added to the Social Security program in 1965 to ensure that older Americans receive adequate health care services, regardless of whether they are insurable or can even afford their own private insurance. Since the Medicare program came into being there have been a number of different changes and modifications to its scope. One relatively recent change is the Medicare Advantage program, which became part of the Medicare program in 2003. A prior version of Medicare Advantage, previously known as “Medicare+Choice,” actually came into being in 1997. Here’s a basic overview of the terms of the Current Medicare...

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