In part four of the series, Jean Chatzky and Erin Moaratty discuss Medicare and how to choose the best Medigap plan for you. When planning for retirement, do...
Medicare is a nationwide social insurance program, administered by the U.S. federal government since 1965 that guarantees access to health insurance for Americans 65 and older and individuals with end stage kidney disease (Medicare. gov, 2012) and persons with Lou Gehrig's disease. As a social insurance program, Medicare spreads out the financial risk related to illness across society to protect everybody.
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