Our daily roundup of retirement news your clients may be thinking about.
What you should expect from Medicare Although Medicare is a big help for retirees to pay for their health care needs, the program only has a limited coverage depending on the enrollment periods they have signed up for, according to MarketWatch. For example, Medicare Part A coverage is limited only to inpatient care, inpatient skilled nursing care, hospice care and home health care costs. Since retirees can have out-of-pocket expenses, they are advised to get a Medigap policy that will take care of costs not covered by the program. –MarketWatch
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