Welcome to Medicare
Now that you are on Medicare you have two choices...
Medicare Supplement PlanA Medicare Supplement plan, also know as a Medigap Supplement, is a supplemental insurance policy the federal government has designed to work in tandem with your Medicare. With this option, you will keep your original Medicare primary insurance and choose a supplement to cover everything that Medicare does not cover. The most supplements are letters G, F, N. By choosing to keep your original Medicare and the right Medigap supplement plan, you will have 100% coverage with no network at all, ZERO out of pocket costs with no cap on your coverage amount. With this you will have the best insurance any person can have in their lifetime and never have to worry about paying high medical bills. Remember, you have paid into the Medicare system for your entire life and now it's time to reap the rewards. Keep your federal Medicare insurance and choose a supplement to cover everything that Medicare doesn't cover. This way you will always know how much your medical expenses will be every month for the rest of your life now matter how much medical care you may need now or in the future.
Medicare Advantage PlanA Medicare Advantage plan is not Medicare at all. In fact, a Medicare Advantage plan is a private insurance plan that replaces your Medicare completely. If you choose this option, you must continue to pay your part B Medicare premiums but your Medicare benefits will be deactivated and replaced with a private insurance plan. When you choose a Medicare Advantage plan, you will have to follow that private insurance company's network and you may need a referral to see a specialist. You will also have co-pays at the doctor and the specialist. Most importantly, in cases of surgery or a hospital stay you must pay $6,700 out of your own pocket before you are covered by that private insurance company. Medicare Advantage plans have low monthly premiums but really don't provide very good coverage. If you choose a Medicare Advantage plan you may never be able to go back to original Medicare and a supplement if you have health issues such as heart problems, cancer, stroke, COPD, diabetes and more. We caution you strongly in choosing this option.Please get in touch for immediate discussion, we will happy to help you.
Contact a Licensed Medicare Supplement Specialist