Medicare vs. Private Insurance: Costs and Benefits


The market is home to many health insurance companies, including private and government-run companies. If you are 65 or older, you are eligible to apply for Medicare. Medicare is a government-funded plan that provides cheap and accessible healthcare coverage. This plan is often compared with private insurance options.

Private insurance and Medicare Programs can be easily distinguished using various factors. For example, the options, costs, and coverage are usually different for both programs. This article will discuss the differences and similarities between private insurance and Medicare.