Most Americans realize that when they reach 65 and they become Medicare eligible, original Medicare is not going to adequately protect them against the rising health care costs associated with aging. Chronic conditions such as diabetes, hepatitis, heart disease and cancer are expensive to manage with Medicare parts A and B alone.
A Medicare Supplement or Medicare Advantage plan can provide additional coverage to fill gaps and provide prescription drug coverage if needed. Choosing the correct Medigap or Medicare Advantage plan is a very important decision. With the guidance of a Medicare Specialist, all options for individual coverage are considered.
Each person’s situation is unique. Often times, it means that couples may not have the same Medicare plans because their health needs and lifestyle preferences may be different. Also, an important point to consider is that since Americans are living longer and will be in retirement longer, having the guidance of a Medicare specialist is imperative to make the best use of financial resources in the ever changing arena of Medicare.