Once you are on Medicare, you can choose between two kinds of insurance:
Medicare Advantage (Part C)
A single plan that includes help with hospital costs, doctor’s visits, medical services and prescription drug coverage (Part D); and additional benefits like vision, hearing and often dental.
Advantages:
- Low or no premium
- Includes prescription drug coverage (Part D)
- Special needs plans available for diabetic conditions, cardiovascular disorders, low income situations
- Additional benefits available (hearing, vision, dental)
Disadvantages:
- May be limited to practitioners in the network
- Limited geographically (except for emergency room and urgent care)
Medicare Supplement Insurance
Private insurance coverage that helps to fill the gaps in original Medicare (Parts A & B).
Advantages:
- A variety of options, including deductibles, premiums and coverages
- Can choose any doctor who takes Medicare (most do) – no network restrictions
- No geographical restrictions
Disadvantages:
- Typically higher premiums
As you can see, each kind of insurance has its advantages and disadvantages, and there are lots of choices within each. I can help you determine which option is right for you. CONTACT ME for a no-cost, no-pressure, in-person discussion about your individual situation.