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The Medicare Lexicon: An Introduction

When you compare Medicare insurance with that of health insurance for the working population, it’s an alphabet soup.
 
Most in the workplace have the benefit of human resources assistance to decipher insurance plans, whereas retirees navigating Medicare often have to go it alone.
 
Some of the key decisions retirees need to consider when preparing to buy Medicare include:
 
• How much is it going to cost each month?
• What is my out-of-pocket exposure?
• What do I pay when seeing a doctor?
• Where do I have to go to get my care? Read the rest of this entry »