3 IMPORTANT FACTS ABOUT MEDICARE
Medicare, much like retirement, is one of those concepts that can seem too far away to start looking into the details. But if you’re approaching 65, it’s time to learn about this important program, the options available within it, and how they might impact your retirement. Here are three key points you should be aware of. MEDICARE IS MANDATORY When most people turn 65 and begin to receive Social Security benefits, they are automatically enrolled in Medicare. This includes those who receive Social Security before retirement. One of the few exceptions is if you are still covered by an employer’s insurance plan. KNOWYOUR OPTIONS Depending on your needs and finances, there are different forms your Medicare coverage can take. Medicare Part A is essentially hospital insurance. It’s usually free and covers inpatient care, short stays at skilled nursing facilities, hospice stays, lab tests, surgery, doctor visits, and home health care related to a hospital stay. Part B adds medical insurance coverage to the mix. It covers doctor’s office visits, lab work, preventive services, ambulance services, and medical equipment. The standard premium for 2018 is $134 per person per month, but premiums are higher for people in higher income brackets.
to Parts A and B. Depending on where you live and what benefits you are looking for, seeking this third party option can be a great alternative.
Part D provides prescription drug coverage. You can have Part
D coverage regardless if you are using Parts A and B or Part C replacement coverage. MINDTHE GAP It’s important to note that Medicare Parts A and B do not cover everything.
Important procedures like eye and hearing exams, dental care, and limited physical therapy are left
out of the equation. To help close this gap in coverage, there are “Medigap” or supplemental insurance plans available. You are required to have Parts A and B to sign up for this additional coverage, and additional copays and deductions may apply. Finding the best Medicare strategy for you depends on a whole range of personal factors, such as your health, tax bracket, and zip code. An experienced Ohio financial advisor can show you the most advantageous path to an insured future.
Part C exists for those who would rather seek coverage through the private sector. This is not an addition to your Medicare, but rather a replacement
SUDOKU
‘HEADLESS’ APPLES ON HORSEBACK
A take on the classic “devils on horseback” hors d’oeuvres, this recipe requires only three ingredients. These little bundles of flavor are the perfect finger food for your next get-together.
INGREDIENTS
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16 very thin slices of pancetta (or cured, unsmoked bacon)
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3 ounces manchego cheese, 1/4 inch thick
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Toothpicks for skewering
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2 pink lady apples
DIRECTIONS
1. Core apples and cut each into 8 wedges. Remove rind of manchego cheese and cut into 2-inch sticks. 2. Heat a grill pan or skillet to medium-high. 3. On a cutting board, lay pancetta or bacon slices flat and place an apple wedge and piece of cheese in the center of each. 4. Roll pancetta tightly and skewer with toothpick. 5. Grill until cheese is melted and pancetta or bacon is golden and crispy, about 5 minutes. 6. Drain excess grease on a paper towel and serve hot.
Inspired by Food &Wine magazine
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