When you reach 65, you will probably need to sign up for Medicare. This government-sponsored health care program is available to U.S. citizens eligible for Social Security. Before you rush to sign-up, there are some things you need to know about Medicare that may affect your choices.
What Are You Signing Up for?
Medicare Part A provides coverage when you need inpatient care in a hospital, a skilled nursing facility, a hospice, and care at home. It does not provide for long-term care.
Medicare Part B enables you to get services from doctors and others who provide health care, care as an outpatient or at home, preventive services (such as cardiac screenings, mammograms, colonoscopies, wellness visits) and durable medical equipment….