In the Original Post, I would simplify and describe the basic choices for Medicare to a novice as:
Sign-up for Medicare Part A (hospitalization coverage) and Part B (physician services and outpatient services)
Part A should have no cost, Part B is $174.70 a month.
Then, you have a basic choice, either:
Medicare Advantage (Part C), where your insurer provides coverage and replaces Parts A and B coverage or
Keep Parts A and B (called Traditional Medicare) and get a Medicare Supplement (to cover the financial gaps in Traditional Medicare coverage) and a Part D prescription
plan.
Then, start going into further detail.
Sign-up for Medicare Part A (hospitalization coverage) and Part B (physician services and outpatient services)
Part A should have no cost, Part B is $174.70 a month.
Then, you have a basic choice, either:
Medicare Advantage (Part C), where your insurer provides coverage and replaces Parts A and B coverage or
Keep Parts A and B (called Traditional Medicare) and get a Medicare Supplement (to cover the financial gaps in Traditional Medicare coverage) and a Part D prescription
plan.
Then, start going into further detail.
Statistics: Posted by ModifiedDuration — Fri May 17, 2024 11:10 pm — Replies 24 — Views 1251