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How Medicare options can affect your healthcare budget.
Medicare options need to be explored before you make any decision beyond original Medicare, which is Part A (hospitalization) and Part B (healthcare). You need to be aware there could be a penalty for not signing up for Medicare during your IEP (initial Enrollment Period), which includes three months before you turn 65, the month you turn 65, and 3 months after you turn 65.
This article by Maurie Backman published on April 14, 2024 for The Motley Fool explains some of the potential pitfalls you may encounter.
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