Medicare vs. Medicare Advantage
Not long ago you only saw the barrage of Medicare Advantage television commercials in the period leading up to Medicare Open Enrollment. But now those promotions run year-round, offering a confusing and sometimes misleading array of plans sponsored by a variety of health care companies.
Adding to the confusion is the fact that many people don’t fully understand the difference between Original Medicare and the Medicare Advantage plans. Each has advantages and disadvantages, and you need to understand them before you make your choice.
Rodney Brooks
An award-winning journalist, writer and author and my specialty is retirement planning and other personal finance issues. I have written for many national publications, including USA TODAY, The Washington Post, U.S. News & World Report, AARP and National Geographic. I am available to speak on personal finance, financial literacy and the racial wealth gap.
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The author tells the history of the Freedman’s Savings Bank, how it grew much too quickly, why it failed and the impact on Black America. The Freedman’s Bank offered a safe depository for formerly enslaved people, expanded quickly and gained millions in deposits – mostly ranging from $5 to $50. But inexperience and corruption doomed it to failure, costing may of the small depositors their savings.
