Will Medicare Pay for All of My Health Care Expenses?

When you are planning for retirement, you should be aware of what you can expect from the Medicare program. Medicare is a government health insurance program that is intended to provide coverage for senior citizens. You gain eligibility for Medicare coverage by accumulating retirement credits while you are working and paying taxes. At the time of this writing in 2014, you get one credit for every $1200 that you earn. The maximum annual accrual is four credits. Once you have accumulated 40 credits, you will qualify for Medicare coverage when you reach the age of 65 under currently existing laws. Medicare will certainly be of great assistance if you qualify, but there are limitations. There are significant out-of-pocket expenses that you should prepare for in advance. There is a deductible for inpatient hospital stays, and there can be co-payments for long stays. You have to pay a monthly premium for Medicare Part B coverage. This is the portion of the program that pays for visits to ph
http://www.preserveyourestate.net/medicare-pay-health-care-expenses/

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