If you or a family member is reaching retirement age you may want to learn a little about Medicare and what to expect from it. Unfortunately as nice as it is to have, it is only going to cover about 80 per cent of your medical bills. For this reason most retirees choose to take out a low cost supplement policy just to protect themselves against a long term hospital stay. These supplements are regulated by the government and are called - Medigap. Here is a very informative article on the subject. There is also a lot of other useful information on Medicare.