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7 Medicare facts your clients should know Despite the importance of Medicare to most clients' health care in retirement, many people don't know very much about how the program works, according to this article on Motley Fool. Here is a refresher to help educate your clients. In general, most workers have to work about 10 years in order to qualify for Medicare. A worker's spouse can qualify on the worker's record even if the spouse doesn't have enough credits. People can avail themselves of Medicare's full benefits if they have earned 40 work credits, while those who have earned less can still sign up but will have to pay a premium for hospital coverage, according to the article. Medicare has four coverage plans, three of which offer traditional coverage (which are Parts A, B, and D), and an Advantage plan, which is Part C. Those who want to enroll in Medicare should sign up on or before the deadline to avoid a penalty, and they should know the rules if they carry other types of healthcare insurance or want to change their coverage options. --Motley Fool
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