Navigating the Medicare market can be extremely confusing. There are many different plans, benefits and costs to choose from that can easily become overwhelming, making it hard to clearly understand what your options are. To bring it back to basics, there are two main plan options in Medicare: Medicare Advantage and Medicare Supplement plans. While both types of plans will coordinate with Medicare to deliver your benefits, they couldn’t be more different. In this section, we will simplify both plans so you can clearly understand your options and make a decision on which plan is right for you.
Medicare Plan Resources
If you are new to Medicare, you may be considering enrolling into a Medicare Advantage plan. Maybe you already have Medicare and you have chosen a Medicare Advantage plan that fit your budget and covered the benefits that were important to you. But what exactly is a Medicare Advantage plan? And what happens when your needs change or, even worse, your plan changes?
The first step in finding the Medicare plan that is right for you is figuring out what your plan options are. Once you know your options, the decision on which plan you will ultimately enroll into comes down to how the plan benefits you. In the last several years, Medicare Advantage plans have become a viable choice for many Medicare beneficiaries because of the benefits they can offer. In this section, we will break down what benefits you are entitled to with Medicare Advantage plans so you can make an educated choice when choosing your plan.
Here's a checklist you can use to prepare for your appointment to discuss your health plan options during AEP.