Medicare

In planning for retirement, Medicare is a foundational part of your healthcare planning in retirement. But "Medicare" isn't just one plan—it's a set of options, each with different rules, coverage levels, and costs. Understanding the main paths—Original Medicare, Medicare Advantage, and Medigap—can help you make a confident, informed decision about your healthcare coverage as you age. Basic Medicare Terminology When beginning to learn about your options, you'll quickly come across the terms Parts and Plans. Here is what you need to know. Parts are sections of the original Medicare that provide different types of coverage. Currently, there are four parts: Part…