Motley Fool: 5 Facts About Medicare for Retirees

1. It's important to enroll on time: You're eligible for Medicare at age 65
2. Medicare comes in several forms: Medicare Features Parts A and B that cover hospital expenses and D which offers precscription drug coverage
3. Medicare covers a lot -- but some important things are not covered: Vision, hearing, dental or home health expenses
4. It's not free: Part A is free for most people, but it carries a deductible ($1,316 for 2017)
5. A Medicare Advantage plan might serve you best: Plans feature caps below $3,000 and the limit for 2017 is $6,700. Once you hit that limit, the plan will pay all further costs.

Source: The Motley Fool
Source URL: https://www.fool.com/retirement/2017/06/24/5-facts-about-med...

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