More than 44 million people 65 and older are currently receiving Medicare benefits. Enrollment in this government-based health insurance program continues to grow and is expected to top 79 million by 2030. Despite the active participation, there are still many myths about Medicare. Here are some of the most common ones and the truth behind them. 

4 Popular Medicare Myths

1. All My Medical Needs Will Be Covered

Unfortunately, that's not the case. Medicare covers most standard medical services, such as doctor appointments and surgeries. However, the program doesn't pick up the tab for preventative care and treatment expenses for vision, hearing, or dental services.

2. I Won't Have To Pay For Services

Medicare participants will typically have to pay out of their pocket for some healthcare expenses. These include premium payments and deductibles. There are certain versions of Medicare, specifically Part A, which do not require participants to pay premiums if they meet lifetime work credit requirements.

3. Medicare Doesn't Cover Pre-Existing Conditions

The program will accept people who have pre-existing health conditions. One of Medicare's tenets is that it cannot turn down people who have medical issues at the time of enrollment. However, there may be a surcharge for program participants who exceed federal income guidelines.

4. I Can Enroll At Any Time

There are specific times when those 65 and older can enroll in the Medicare program. The initial enrollment period begins three months before your 65th birthday, and it extends three months after that date. Beyond the initial signup, enrollment is open from October 15 through December 7 each year.

These are just a few of the misconceptions about the Medicare program. If you're approaching retirement age but aren't sure about your eligibility, Toohey Insurance Service in Somerset, KY, is a trusted source for expert guidance. Their team of Medicare experts is knowledgeable about the program and its requirements. To learn more, call (606) 678-0540 and a friendly representative will get you started. Visit their website for information on the agency's full lineup of products and services.