While Medicare covers most healthcare expenses, it doesn’t cover everything. Medicare beneficiaries are responsible for a number of co-payments and deductibles, which can easily add up to thousands of dollars. If all you have is Original Medicare, you’ll need to pay these costs out-of-pocket.
As a result, many Americans buy additional private insurance to cover these gaps in coverage. There are two main categories of private insurance on the market: Medicare Advantage and Medicare Supplement plans. While these programs offer similar health benefits, they also have some significant differences that you need to consider.
Medicare Planning
Knowing the nuts and bolts of Medicare, what it is, and how it works,
starts with your situation.
Turning 65 Years Old
Your 65th birthday is on the horizon or coming up fast.
Younger than 65
You are younger than 65 but will soon qualify for Medicare as a result of a disability and you need to know how Medicare works.
Working past 65
You intent to continue working beyond 65 at a job that offers health insurance and aren’t sure if you should join Medicare.
Already Enrolled in Medicare
You are already enrolled in Medicare but can use some help troubleshooting problems, find a better deal, or reduce your expenses.