Good explanation of Medicare, Jeri. A few things to note: Dental and vision is not covered by Medicare. You have to self fund or buy a separate insurance policy. Also, if you aren't collecting Social Security, you have to make the Medicare payment (otherwise, they take it directly out of your SS payments). Also, Medicare premiums are based on income levels. If you sell property or have another large influx in income, your payments will significantly increase.
Good explanation of Medicare, Jeri. A few things to note: Dental and vision is not covered by Medicare. You have to self fund or buy a separate insurance policy. Also, if you aren't collecting Social Security, you have to make the Medicare payment (otherwise, they take it directly out of your SS payments). Also, Medicare premiums are based on income levels. If you sell property or have another large influx in income, your payments will significantly increase.