3 of the Smartest Medicare Moves You Can Make to Avoid Financial Stress in Retirement | The Motley Fool

Contributing sentiments towards policy:

62% : Millions of seniors today get their health benefits through Medicare.
57% : Because Medicare will likely be with you throughout retirement, it's important to do what you can to make it work for you.
55% : Your first opportunity to sign up for Medicare spans seven months.
54% : It pays to enroll in Medicare on time for a few reasons.
54% : For each 12-month period you're eligible for Medicare but don't sign up, you're assessed a 10% surcharge on your Part B premiums.
52% : Secondly, if you don't enroll in Medicare on time, Part B, which covers outpatient care, could cost you more -- for life.
50% : Each fall, Medicare enrollees have a chance to make changes to their coverage during open enrollment, which runs from Oct. 15 through Dec. 7.
49% : The sooner you have Medicare, the more peace of mind you might get by knowing that should you wind up in the hospital or with a series of medical bills, you have insurance that can be billed.
49% : That could make the cost of Medicare more expensive throughout your entire retirement.
49% : A Medigap policy could pick up the tab for many of the costs patients incur under Medicare, like deductibles and coinsurance.
47% : By making these moves, you can potentially lower the cost of Medicare and, in the case of signing up for Medigap, ease the burden of costly out-of-pocket expenses.

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