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How to Avoid Becoming A Medicare Statistic

Richard Chan shares a few key ideas to help you avoid becoming a Medicare statistic. 

1 min read
Our goal is to give you the tools and confidence you need to improve your health and finances. Although we may receive compensation from our partner insurance companies, whom we will always identify, all opinions are our own. CoverRight Inc. and CoverRight Insurance Services Inc. (NPN: 19724057) are collectively referred to here as "CoverRight".

CoverRight co-founder Richard Chan shares a few key ideas to help you avoid becoming a Medicare statistic. 

He reviews two key Medicare statistics and shares advice on how to avoid becoming one of those recipients impacted. 

  1. A million people are paying late Medicare enrollment penalties (these never go away). Richard offers some tips on how to make sure you sign up on time.
  2. 9 out of 10 people on Medicare are paying too much for their prescription drugs. With a little research and expert advice, they can switch drug plans to a lower-cost plan.

Richard Chan

Richard is the Founder of CoverRight and based in New York. He is passionate about empowering consumers to take control of their health and finances. Prior to starting CoverRight, Richard had extensive experience working in financial services with over 8 years' experience in consumer lending and investment banking.

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