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Planning to Enroll in Medicare in the Next Year? Here Are 3 Important Things Retirees Should Know.


If you're gearing up to sign up for Medicare, whether in conjunction with retirement or not, it's a big deal. Once you're eligible for Medicare, you may find that your healthcare costs go down (depending on the coverage you have right now). But you may also find that you're faced with some tricky decisions you need help navigating. With that in mind, here's some important information for people who are on the cusp of signing up for Medicare coverage.

Original Medicare includes Parts A and B, which cover hospital and outpatient care, respectively. But if you plan to stick with original Medicare, you'll need to choose a Part D plan to get coverage for prescription drugs. And that's an important decision, as it could spell the difference between spending more on medication versus less.

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Source Fool.com


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