Medicare Advantage or Medicare Supplement, which is better?
They are both good, there is no wrong answer.
Summary of Medicare Advantage Plan:
Low monthly premium
HMO/PPO means you can only go to certain Doctors and Hospitals
“Pay as you go”, you will have copay’s for Medical Services: Doctor visits, Hospitalization, Lab Work, Advanced Imaging, etc…
Is a Medicare Advantage Plan right for me?
If you are comfortable with having a list of Doctors/Hospitals/Facilities, and you do not mind be required to pay a copay every time you use your Plan, than yes, a Medicare Advantage might be a good fit for you.
Summary of Medicare Supplement Plan:
Flexibility, you can go to any Hospital/Doctor/Facility that accepts Medicare
Predictable, Medicare Supplement’s pay what Medicare would normally charge you
An additional $80 to $140 monthly premium
Is a Medicare Supplement Plan right for me?
Not so healthy person: Yes, you will save money by purchasing a Medicare Supplement Plan.
Healthy person: Would you consider the additional monthly premium a cost of living or a waste of money?
Waste of money: Then you are not a Medicare Supplement type of person…
Cost of living: I am 65 or older, things happen…
I am able to discuss this better through my video blog and or on the phone.
Call Me, Robert W. Bache Toll Free: 1-855-368-4717 or Cell: 727-643-0219.