The Basics of Medicare
posted on February 13, 2012Hopefully, you've watched our online seminar about Medicare, Medicare Supplements, and Medicare Advantage Plans. But if you haven't, here is a quick summary of the main ideas:
- Anyone who payed into Social Security payroll taxes for at least 40 quarters (ten years) is eligible for Medicare when they turn 65.
- Medicare is not full health coverage: there are deductibles & out of pocket expenses.
- Medicare Supplements are available to cover the gaps in Medicare.
- Medicare Advantage is a plan that replaces Medicare and offers full coverage.
- Depending on what your circumstances, there are different plans to suit your financial & medical needs.
For more information, visit our FAQ.
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