How to choose a Medicare plan
When you’re narrowing down plans, compare these factors:
- Cost. Consider premiums, deductibles and coinsurance, as well as the maximum amount you’ll pay out of pocket for medical services.
- Coverage. Does the plan cover the services you need? This could include hospital stays, doctor’s visits, medical supplies and additional benefits like vision and dental.
- Other coverage. Learn how the plan works with any health insurance you currently have, such as the policy you have through work.
- Prescription drugs. Does the plan pay for prescription drugs, or will you need to buy a separate policy? If you take medication regularly, check to see if it’s covered under the plan.
- Choice of doctors and healthcare providers. Find out whether your doctors accept the plan or if you’ll need to stay in-network. Also, look at how the plan treats specialist referrals.
- Healthcare outside the US. Original Medicare and Medicare Advantage plans won’t step in if you need care overseas, but some Medigap plans will.