| Prescription drugs that have the same active ingredients and Food and Drug Administration approval as trademarked brand name drugs; they generally cost less. |
Inpatient Care |
| Health care services provided when someone is admitted to a hospital. |
Late Enrollment Penalty |
| Additional charge paid by Medicare beneficiaries when they do not enroll in Parts B and D according to specified guidelines. |
Managed Care Plans |
| Health care plans where beneficiaries will generally only be covered when they go to doctors and hospitals in the plan's network, except for emergencies. Two common types of managed care plans are HMOs (Health Maintenance Organizations) and PPOs (Preferred Provider Organizations). Costs are often lower for managed care plans than for Original Medicare plans. |
Medicaid |
| Joint federal and state health insurance program for qualified participants with low income and assets. Specific Medicaid eligibility guidelines vary from state to state. |
Medicare |
| Federal government health insurance program for people age 65 and over or under age 65 with specific disabilities or last-stage kidney disease. |
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| Recommended Links: Generic Drugs Medicare |
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