Enroll in Medicare Part A and Part B.  These premiums are automatically deducted from your Social Security check.  Many choose this option assuming all is well.  However, after a hospitalization event, the reality hits home that the majority of the cost falls in the Part B column and the individual is saddled with the Part A deductible ($1,632 per 60-day benefit period) and 20% of the Part B expenses (potentially thousands).  All prescription costs are also on the individual and a looming possible future penalty for not enrolling in a prescription drug plan is also in play.  This option does, however, eliminate future penalties for avoiding Part B premiums.  

If this scenario describes you, please contact me.