It has always surprised me when a person assumes the Medicare covers all of their bills. In fact, just last week a gentleman told me he was all set with his Medicare because they were taking $134 from his Social Security check.

I promptly informed him, as I have informed many before him, of all the holes in Medicare only coverage.

In fact, the hole could get really deep. Rather than spell out all the gaps in coverage, I am going to give you a link to a really good article and video done by CNBC. CLICK HERE to take a look.