Medicare coverage is a key part of employees’ retirement years, yet many retirees lack sufficient understanding of what their plan specifically covers.
Indeed, 29% of U.S. adults aged 65 and over with Medicare say they don’t fully understand Medicare Advantage plans, and 23% say they don’t fully understand Medicare Supplement plans, according to a survey by MedicareGuide.com, a resource for Medicare information. Furthermore, 59% of Americans found the Medicare Advantage enrollment process very easy, but only 48% said the same of Medicare Supplement.
