What You Should Know About Medicare

Medicare supplement plan options

With the implementation of Obamacare, a new form of medical care has been introduced to the United States called Medicare. There are multiple parts to Medicare including Medicare part a, Medicare part b, Medicare part c, and Medicare part d. Currently, about 15% of the United States population, which equates to about 44 million people, are enrolled in this new Medicare program. This enrollment count is expected to rise to about 79 million by the year 2030.

Since this new form of medical care is on the rise in the United States and does not seem to be going away, then there is no question that as a citizen of this country you should possess some form of information in regards to medicare. Only one in every ten beneficiaries relies solely on the Medicare program for their health care coverage. This is going to increase based on the statistics mentioned earlier, and if that is the case, if you are one of the ten not covered you will be very soon. Since this is the case, here are some facts that you should know about medicare and healthcare going forward in the future.

Financial planning is not easy, and it can be quite difficult for most people who are not financial geniuses. About 90% of Medicare participants have some form of supplemental health care. Thes can include private employer sponsored plans, Medicare Advantage plans, Medigap or Medicare Supplement insurance plans and even Medicaid for low-income citizens.
Right now, there are 6,164 Medicare hospital facilities in the United States, so you can easily get the medical care you require if you

There are 45 million people in the United States enrolled in Medicare plans due to their age, because they are old. As people move towards retirement, they begin to feel anxiety and worried feelings towards the period of retirement that they are going to endure. As a matter of fact, about 88% of all Americans are worried about being able to maintain a comfortable standard of living while they are in their retirement phase. About 46% of all American workers have less than $10,000 saved up for their retirement period. If you are a part of this population then you should definitely look into medicare part a because it can help you save money on healthcare costs.

83% of consumers say they don?t purchase more life insurance because it?s too expensive, but consumers believe life insurance costs nearly 3 times the actual price. People truly care about making sure they put their money in the right places. Medicare part a is one way that you, as a consumer, can save your money and can help put it where it truly matters.

About The Author


Leave a Reply