It is important to understand your Medicare coverage choices and to pick your coverage carefully. How you choose to get your benefits and who you can get them from can affect your out-of-pocket costs and where you can get your care. Some of the important factors to consider when you are deciding between Original Medicare and Medicare Advantage are:
- Costs: What premiums and out-of-pocket costs will I be responsible for (see How Do the Original Medicare and Medicare Advantage Costs Work?
Advantage Costs Work?)?
- Supplemental insurance: Will I have the choice to purchase a Medigap policy (see What Are Medigaps?)? How will my retiree coverage work with this choice?
- Provider access: What kind of providers can I see? Do I need to use a network of providers or get referrals to see specialists (see Do I Have to See Specific Providers When I Have Original Medicare vs. Medicare Advantage?)?
- Drug coverage: Is there prescription drug coverage included in my coverage or will I need to purchase a separate stand-alone plan (see How Does Original Medicare and Medicare Advantage Work?)?
- Additional/supplemental benefits: Are additional services, like vision, hearing, or dental covered (see What is Considered a Supplemental Benefit?)?
- Out-of-pocket limit: Is there an annual limit on out-of-pocket costs?
Read More: How Do the Original Medicare and Medicare Advantage Costs Work?
Learn About: Do I Have to See Specific Providers When I Have Original Medicare vs. Medicare Advantage?
Return to: Medicare Advantage
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YourMedicare.com takes pride in providing you as much information as possible concerning your Medicare options, but only a health insurance broker licensed to sell Medicare can help you compare your plan options from various insurance companies. When you’re ready, we recommend you discuss your needs with a YourMedicare.com Licensed Sales Agent.