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Originally Posted by buggyone
This is a reason to have a supplemental policy like those offered by AARP. Medicare covers about 80% and your supplement covers the other 20%. Medicare is a good safety net but does not cover everything. Yes, those will still be offered.
Speaking of that nursing home. Are you expecting Medicare to be picking up the whole tab on that, too? Guess again. That is why long term care insurance is being sold. Maybe that would have been a good investment some years ago when it was more affordable than when you are old.
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As a general rule, if Medicare doesn't cover an item, supplemental insurance doesn't cover it, either.