Posts tagged Part D
How Do I Choose Medicare Coverage When I Retire?

Many pre-retirees are uncertain about their choices when it comes to enrolling in Medicare. There are 2 main ways to get your coverage - you can choose the traditional fee-for-service Medicare, known as Original Medicare, or a Medicare Advantage plan.

Medicare Advantage plans are similar to an HMO, which stands for Health Maintenance Organization or a PPO, which stands for Preferred Provider Organization.

Original Medicare consists of Part A - Hospital Insurance for in-hospital care, and Part B Medical Insurance for outpatient services like doctor visits and lab tests.

Medicare Advantage, known as Part C, is a managed care option that rolls all the different parts of Medicare into one.

And everyone on Medicare is eligible for prescription drug coverage either from a Part D plan or a Medicare Advantage Plan offering drug coverage.

There are many considerations that can factor into the Medicare planning process. Let us help you with your important Medicare decisions. Call us today.