Sola Insurance Practice Test 2025 - Free Insurance Practice Questions and Study Guide

The primary purpose of Medicare is to provide a federal health insurance program specifically designed for seniors aged 65 and older, as well as certain younger individuals with disabilities. Established in 1965, it helps cover various health care expenses, including hospital visits, outpatient care, and prescription medications.

This program is crucial because it ensures that older adults and eligible disabled individuals have access to necessary medical services without incurring crushing financial burdens. Medicare consists of different parts that cater to various healthcare needs: Part A covers hospital insurance, Part B covers medical insurance, Part C offers Medicare Advantage plans, and Part D provides prescription drug coverage. By serving these specific populations, Medicare plays a vital role in the overall healthcare system, safeguarding the well-being of those who are often most vulnerable.

The other options refer to programs or initiatives that serve different demographics or methods of healthcare provision, which are not aligned with the focused purpose of Medicare for seniors and certain disabled individuals.