Tag: Medicare

People are really confused. We’ve embarked on a host of studies about long-term care. One component of that effort is to assess the public’s understanding of how these costs are financed. A bunch of surveys over the last 10 years indicate that people are confused; most think that Medicare plays a major role. In fact,…
If a 65-year-old signs up for a Medigap policy but decides a year or two later that the premiums are too high, the new retiree can easily switch to an Advantage policy with a low premium. But if, after starting retirement with Advantage, he wants to switch to a more flexible Medigap policy, he could…