Suzanne L. Shier and Diana R. Meyers answer several commonly asked questions about Medicare in an article for Wealth Planning Insights at Northern Trust and advise individuals to seek the best health care coverage that is right them. The summary is as follows:
Medicare is an important part of the American insurance landscape, and not just for those over 65. But it is not always an easy benefit to navigate.
Eligible individuals must be thoughtful about the coverage they need, the timing of enrollment and coordination with other benefits in order to get the most out of the program.
In this Wealth Planning Insights, Northern Trust experts answer some of the most commonly asked questions about Medicare, including:
–What Medicare covers, its costs and how to coordinate with private insurance coverage
–Insurance coverage options for retirees who are not yet eligible for Medicare
–When it is right – and how – to make the transition from private insurance to Medicare
Find the rest of the article here: Medicare: Everything You Want to Know but Are Too Afraid to Ask
