5 Things the Average American Should Know About Medicare
Most Americans have heard of Medicare and have come to associate it with senior healthcare. But how much do you know about this key program? As of April 2017, there were nearly 58 million people enrolled in Medicare, which is close to 20% of the total U.S. population. Even if you're not signing up for Medicare anytime soon, there are certain facts about the program you should be aware of. Here are just a few to commit to memory.
People tend to think of Medicare as a single program, but in reality, it has several different parts that work independently of one another. Here's a basic rundown:
As an enrollee, you'll get the option to choose your Part C or Part D plan based on your specific needs, keeping in mind that different plans offer varying levels of coverage.
Source: Fool.com