Does Your Current Doctor Accept the Medicare Plan?
If you don’t want to change doctors or if finding a new doctor would be difficult for you, it’s important to choose a plan that your current doctor accepts. If you’re in doubt, contact your professional healthcare provider whose plans they accept.
What’s More Important in Your Situation, Cost or Coverage?
There’s a trade-off between lower costs and less comprehensive coverage. Certain medications or procedures may not be covered by a low-cost plan.
Do You Travel Frequently?
Not all plans are compatible with regular out-of-area travel. If you routinely leave the area your plan covers, you’ll need to either consider a different plan or make alternative insurance arrangements for traveling.
Original Medicare (Parts A and B)
Original Medicare has two main parts. Part A is typically free, at least for most people. It covers the costs associated with hospital stays but little else. Part B is the part that covers things like doctor visits, outpatient services, lab work, and preventative care. The costs are income-dependent, ranging from $100 to $150 per month. Note that there is no out-of-pocket spending limit under an original Medicare plan.
Medicare Advantage (Parts C and D)
Medicare Advantage is offered by private insurance companies that Medicare also approves. Having Medicare Advantage also gives you both Parts A and B of original Medicare coverage. Part C covers most of your medical needs, while Part D covers prescriptions.
When selecting a plan, getting expert advice is a good idea. This is a difficult choice, particularly for seniors. Make sure you make a well-informed decision that suits you before choosing the right plan. Check our relevant searches for more online information on other important factors in if and which plan you need to choose for senior citizens, people with disabilities, and those with end-stage renal disease and health insurance.
