Turning 65? Here's What to Know About Medicare Part B
Created in 1965, Medicare is the nation's premier government-funded health insurance program. Today, Medicare covers nearly 64 million Americans, or about 18% of the population -- most of whom are retirees aged 65 and older.
Of these enrolled, about 56% -- or 36 million individuals -- participate in Original Medicare, the traditional fee-for-service health insurance program that's managed and administered directly by the federal government. Original Medicare consists of two parts, Part A and Part B.
Source Fool.com