Whether you're 65 or older, or still in your prime, it's time to start thinking about insurance. Here's what you need to know to answer the question, "what is Medicare?"
What Is Medicare?
Medicare is a federal health insurance program for those 65 or older, but is also available to young people with disabilities. Those with End-Stage Renal Disease (ESRD) also qualify.
The Confusion of Medicare
While Medicare is useful to have, it also comes with a lot of confusion. For starters, Medicare doesn't pay everything, maybe about 80%.
So, who takes care of co-pays and leftover medical bills? Without supplemental insurance, you do.
A Medicare supplement plan takes care of Medicare doesn't pay. When you invest in a plan, you're covered all the way around. You won't have to worry about another bill coming in the mail again.