In most cases, Medicare is the most important component of clients’ health care coverage in retirement. They are often confused about how Medicare works, and in some cases their advisor may also be unclear about certain aspects.
It is crucial for financial advisors to have a solid understanding of Medicare, even if they don't sell insurance. Clients' Medicare decisions can have implications for their entire financial plan.
Here, then, are 10 truths about Medicare that often befuddle clients and advisors alike.
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