Many Medicare beneficiaries face unexpected out-of-pocket costs and surprise medical bills that can erode retirement savings and complicate long-term financial security.
Medicare can feel overwhelming at first — especially when people start throwing around terms like Part A, Part B, Part C, and Part D. The good news? Medicare really isn’t as complicated as it sounds once you understand what each “part” actually does.
When most people think of Medicare, they assume it will take care of all their health needs in retirement — including long-term care.
Medicare is one of the most valuable benefits available to older Americans — but it’s also one of the most misunderstood.