A Majority of People Are Making This Costly Medicare Mistake

Medicare is complicated, so it’s no surprise that nearly 75% of adults over age 50 say they wish they understood the coverage better, according to a recent survey by [f500link ignore=true]Nationwide[/f500link] Retirement Institute. What you don’t know can cost you.

For example, 53% of older adults don’t know that there’s a cost associated with Medicare Part B, according to the survey of 1007 adults over age 50 with household incomes of at least $150,000.