- If you’re a salaried employee, you may lose subsidized health insurance once you retire. However, if you’re 65 or older, you’re typically eligible for Medicare. Here are four myths about Medicare you shouldn’t believe.
- Medicare Part A is usually free, but Part B charges a monthly premium. You’ll also need Part D or a Medicare Advantage plan for prescription coverage, with costs varying.
- Medicare won’t cover all your needs, like dental or long-term care. Most Medicare Advantage plans offer additional benefits, but you’ll still have out-of-pocket expenses.
- You can enroll in Medicare without getting Social Security benefits. And you can change your Part D or Advantage plan during the yearly open enrollment period.
Read more at Nasdaq, Inc.: 4 Medicare Myths You Can’t Afford to Fall For
