Commentary: Now Is the Time to Understand Medicare

Summary

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Despite all the public discussion about health care, very few people under the age of 65 understand the basics of Medicare, the federal health program for seniors and certain disabled individuals, or Medigap, the supplemental private coverage many buy to cover treatment for which the federal program doesn't pay.

Even if you have years before you qualify, why focus on Medicare and Medigap now? Because as big changes happen in our health care system, those who understand the programs and products ahead of time will not only be better equipped to plan for their post-retirement health care options, but they'll have a better understanding as these critical federal programs change over time.

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Extract

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Commentary: Now Is the Time to Understand Medicare

A visit with a financial planning professional can give a broader view of what the federal government will and won't cover and how you should plan going forward.

Here's a summary:

Who is eligible for Medicare? More people than you might think....

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