Today Medicare Enrollment Age 65 Tomorrow Maybe Age 70

Medicare, the federal government’s health insurance program, can be a complicated subject if you don’t know the basics of what’s covered and when you qualify. If you’re age 65 or older, under age 65 with certain disabilities or of any age with End-Stage Renal Disease (ESRD), which is permanent kidney failure requiring dialysis or a kidney transplant, you qualify for Medicare. You’re probably being pummeled with Medicare literature in the mail, but what’s really covered? The topic is overwhelming, thanks to the complicated coverage policies.

There are limits to what Medicare will or will not pay, so it’s in your best interest to stay informed. One key factor? Longevity. It can be argued longevity is more than just a risk multiplier—it’s a compounding multiplier. Medical expenses and long-term care costs are already the greatest drain on retirement monies rarely built into the budget. If simply living into your 90s is going to generate a short fall in your finances, what are ongoing medical and elder-care costs going to do, but utterly impoverish you at the end of your golden years? As a senior on a fixed budget, every possible dollar that can be put aside and saved is imperative. Watch the interview on the basics of Medicare with Curt Chojnowski, Principal at Executive Benefits Group and Medicare specialist. Curt has more than 20 years of experience in the industry and focuses on the ins and outs of Medicare coverage.

http://rightonthemoneyshow.com/today-medicare-enrollment-age-65-tomorrow-maybe-age-70-curt-chojnowski/ 

Mitigating Medicare to work in your favor is best completed when working with an insurance professional who knows the complicated ins and outs of Medicare. A retirement strategy that includes Medicare needs to mitigate costs to you and be part of your overall integrated income plan. A professional can ensure you’re in the best position possible when it comes to your Medicare options.