What programs does CMS administer?

The Centers for Medicare and Medicaid Services, commonly referred to as CMS, administers several critical healthcare programs that serve millions of Americans. Two of the most prominent programs are Medicare and Medicaid. Medicare is a federal program primarily for individuals aged sixty-five and older, but it also serves certain younger individuals with disabilities or specific health conditions. This program assists with the costs associated with hospital care, medical services, and prescription drugs through different parts, including Part A, Part B, Part C, and Part D. Medicaid, on the other hand, is a joint federal and state program designed to provide health coverage for low-income individuals and families. Each state has its own Medicaid program, which may vary in terms of eligibility and benefits. In addition to these programs, CMS also oversees the Children's Health Insurance Program, known as CHIP, which offers health coverage to children in families with incomes that are too high to qualify for Medicaid but too low to afford private coverage. Furthermore, CMS plays a significant role in administering the Health Insurance Marketplace, which provides opportunities for individuals and families to purchase affordable health insurance. For more detailed information about the various programs and services offered by CMS, it may be helpful to explore their official website.