medicare

noun medicare

• medicaid — a U.S. government program, financed by federal, state, and local funds, of hospitalization and medical insurance for persons of all ages within certain income limits.
• major medical — insurance designed to compensate for particularly large medical expenses due to a severe or prolonged illness, usually by paying a high percentage of medical bills above a certain amount.
• managed care — a healthcare plan or system that seeks to control medical costs by contracting with a network of providers.
• health insurance — insurance that compensates the insured for expenses or loss incurred for medical reasons, as through illness or hospitalization.
• state medicine — socialized medicine.