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Medicare 101 - Just in time for upcoming “Open Enrollment” Period - Yahoo! Finance

Medicare’s so-called “Open Enrollment” period is just around the corner, starting on October 7th. As most who delve into it know, Medicare is a fairly complex federal program with several different “parts,” each with a different purpose. And because these parts of Medicare do not cover all healthcare costs, additional coverage is usually also required in the form of either a Medicare Supplement (“Medigap”) plan or a Medicare Advantage plan offered by a private insurer. Even within that additional coverage from private insurers, the plan types are numerous and the extra costs vary greatly. So how does one even begin to understand how Medicare and its various parts work? Well, this Yahoo! Finance article by Kiplinger provides a Medicare 101 primer to help you understand. Click here to read more.

If you need to know even more about how Medicare works, the AMAC Foundation is offering a free Medicare Fundamentals webinar on October 20th, which you can register for at this link:

This posting is presented for informational purposes only and does not represent legal or financial guidance. Any opinions or interpretations presented are either those of the original author or, in the case of articles authored by the AMAC Foundation, are the opinions of AMAC Foundation staff, originally trained and accredited by the National Social Security Association (NSSA) and certified via the AMAC Foundation. Any links included in the article are valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the links’ validity. NSSA and the AMAC Foundation and its staff are not affiliated with or endorsed by the Social Security Administration or any other governmental entity. To submit a question, visit our website (https://amacfoundation.org/services/) or email us at ssadvisor@amacfoundation.org. Because we are a non-profit organization, there is no charge for these services.

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