Summary of Medicare
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Summary of Medicare
We can all expect to be increasingly concerned about our health—and the cost of healthcare—in retirement. The reality is that these costs are likely to increase as we age, and the insurance mechanisms that help us deal with them are complex. There’s no way around it. This tutorial is but a very brief introduction to just some of the issues we’ll face in paying for healthcare in retirement. The take-home message here is simply that retired folks, as well as those approaching retirement, must recognize the need to educate and insure themselves appropriately before the need for care arises.
Practical Ideas I Can Start with Today
- Visit www.medicare.gov to learn the details of traditional Medicare, Medicare Advantage, and Medicare supplement insurance.
- Be aware of upcoming enrollment periods if I am nearing the age of 65.
What you have learned
- Overview of Medicare
- How Is Medicare Paid For?
- Overview of Medigap Insurance
- When to Buy Medigap Insurance