| Fri, Apr 15, 2011 @ 09:00 AM

Choosing a Medicare Plan: How David Decided

Posted by Medicare Made Clear

Choosing a Medicare PlanAre you new to Medicare? There are plenty of options when it comes to choosing a Medicare plan. Medicare Parts A and B are available to all Medicare beneficiaries and operated by the government. Medigap plans (also known as Medicare Supplement Insurance) can help cover some of the cost not covered by Parts A and B.  Medicare Parts C and D are offered by private insurance companies and eligibility is based on where you live. With so many plans to choose from, it’s a good idea to understand your options and weigh them against your medical needs and costs.

Here’s an example of how David considered his needs and preferences to select Medicare coverage to best fit his situation:

About David:

David is retired and just turned 65. David is healthy and active however he does take a daily prescription to control his blood pressure, which costs roughly $85 a month. Staying within his budget is very important to David.

David’s Health Care Needs:

  • Access to a wide health range of health care services including preventative care
  • Access to prescription drug coverage
  • Access to specialists, but he is willing to select his from a list of in-network health care professionals

David’s Choice

David chose a Medicare Advantage, Health Maintenance Organization (HMO) style plan offered through an insurance company. He must first enroll in Parts A and B before enrolling in a Medicare Advantage plan. With this particular Medicare Advantage plan David has prescription drug coverage, access to a host of medical services, and he is able to see in-network specialists.

Cost:

Since David contributed to Social Security for at least 10 years, Medicare Part A is free.  He does pay a monthly premium for Medicare Part B. The cost of David’s Medicare Advantage coverage is determined by his insurance company

Shopping for Medicare? Download our easy-to-use reference guide for understanding Medicare and get the details you’ll need to make an informed decision.

For information on the plans available in your area, contact your local Social Security office or call the Medicare Helpline at 1-800-MEDICARE (1-800-633-4227), TTY 1-877-486-2048, 24 hours a day, 7 days a week.

Additional Resources

https://www.medicare.gov/Pubs/pdf/11219-Understanding-Medicare-Part-C-D.pdf

http://www.medicareadvocacy.org/medicare-enrollment-periods

The family of UnitedHealthcare® Medicare Solutions plans are insured or covered by an affiliate of UnitedHealthcare, a Medicare Advantage organization with a Medicare contract and Medicare-approved Part D Sponsor.

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