Interactive
Hope I Die Before I Get Old Else Medicare is Going to Knock me Cold
Academy of Insurance
Updated Nov 30, 2020Medicare is often held up — both admiringly and derisively — as the closest the United States has to a universal healthcare system. Created in a time when “comprehensive health care” meant “employer provided”, Medicare was intended to be to medical expense protection what Social Security originally was to income — a foundational pillar of old age security for those who might otherwise find themselves without either medical care or pension upon retiring from full-time employment. Yet far too many retirees, upon reaching the time of life when they are looking forward to, or at least relieved to have available, these governmental “security blankets”, find themselves assaulted by complicated eligibility rules, complex coverages, and a myriad of often confusing options. Add in seemingly conflicting advice from retirement “experts", retiree associations and flat-out scam artists, and instead of comfort and security, older folks often find fear and confusion.
