Medicare, the program that remains essential for many American's health and lifestyles, turns 50 this month.
On the positive side, pressure is mounting to amend the absurd rule that prevents the program from negotiating prescription drug prices with drug companies. On the negative side, consumers face a dizzying array of alphabet soup options for supplementing basic Medicare coverage and the program remains under attack in Congress.
Bonnie Burns, a national treasure because of her unique expertise and effective advocacy for senior citizens on insurance matters, partners with United Policyholders to educate regulators and consumers on the pros and cons of the various supplement options. Burns' basic advice to consumers when shopping for Medicare and Medigap plans:
"If you will turn 65 in the next six months, learn now how to enroll in Medicare on time to avoid late enrollment penalties and higher premium payments later, and start researching your options for supplementing Medicare coverage. You will also need to decide how you want to get your Medicare benefits," says Burns.