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Stock impact report

Medicare Doesn't Cover This Key Expense -- and It's a Big One [Yahoo! Finance]

Genworth Financial Inc (GNW) 
Last genworth financial inc earnings: 10/29 05:10 pm Check Earnings Report
US:NYSE Investor Relations: genworth.com/corporate/investors.html
Company Research Source: Yahoo! Finance
It's important to have a plan in place for long-term care so your finances aren't completely upended. The $23,760 Social Security bonus most retirees completely overlook › Many seniors look forward to turning 65 because that's when Medicare eligibility generally begins. In fact, some people specifically wait that long to retire because they need to make sure they have health coverage before ending their careers. But here's a news flash -- Medicare will not pay for every health-related service you need. Many retirees are shocked to learn that Medicare won't pay for dental cleaning, eye exams, or hearing aids. And that's not all. Medicare also won't pay for one of the biggest expenses you might encounter later in life -- long-term care. And if you don't come up with a solid plan to pay for it, you might end up destroying your finances. The reason Medicare won't pay for long-term care is that it's not medical in nature. Medicare will cover the cost of treating an injury or ill Show less Read more
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