What should I look at when I am comparing Medicare plans?

What should I look at when I am comparing Medicare plans?

There are two important things to look over when comparing Medicare plans. The first is current and future healthcare costs. The second is the plan added value such as the additional benefits to help you live an optimal, happy life.

Examine more than just the monthly premium costs. Calculate the annual deductibles and copays for doctors, prescriptions, and providers. Sometimes, plans with lower monthly premiums can cost you more in other fees down the line.

Other factors such as the small benefits can also help you make a decision between Medicare plans. For instance, an added, free fitness option or nurse hotline might be perks you want to take advantage of, not necessarily offered in the cheaper alternative.

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Helpful Hint

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Each Medicare plan covers different drugs, and re-imburses different amounts.

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What should I look at when I am comparing Medicare plans?