What are my Medicare options when I retire?

What are my Medicare options when I retire?

When you retire, you typically have several Medicare options: Original Medicare (Part A and Part B), Medicare Advantage (Part C), and Medicare Prescription Drug Plans (Part D). Would you like to know more about each option?

Yes, please explain Original Medicare.

Original Medicare includes Part A, which covers hospital stays, and Part B, which covers outpatient services. You can see any doctor that accepts Medicare, but you may have to pay deductibles and coinsurance.

What about Medicare Advantage?

Medicare Advantage plans are offered by private companies and include all benefits of Original Medicare, often with additional coverage like vision and dental. They usually have a network of doctors and may have lower out-of-pocket costs.

How do I choose the right plan for me?

Choosing the right plan depends on your healthcare needs, budget, and preferred doctors. It's important to compare the costs, coverage options, and networks of different plans.