This report analyzes the Medicare program, a key component of U.S. health policy. It begins by defining Medicare and its various parts (A, B, C, and D), detailing the coverage each provides, including hospital, medical, and prescription drug benefits. The report emphasizes the positive impact of Medicare, particularly for the elderly, highlighting its role in providing essential healthcare services and prescription drug coverage, thus preventing financial strain during illnesses. The author expresses satisfaction with the program's services and advocates for its global adoption, suggesting that governments can support this healthcare model to improve the lives of older adults by providing health insurance and preventing financial burden. The report references the Centers for Medicare & Medicaid Services (CMS) and the Medicare Payment Advisory Commission (MedPAC) to support its findings.