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BE EMPOWERED — RETIRE WITH CONFIDENCE

3. Be Empowered – Retire With Confidence – Understand Your Choices for Medicare Coverage

Understand your choices for Medicare coverage. There are two ways to get your Medicare coverage. You can go with Original Medicare Parts A & B. Or, you can opt out of Original Medicare and go with Part C, also known as Medicare Advantage.

If you go with Original Medicare, you can also get a Medicare Supplement insurance plan to help cover what Medicare doesn’t, like deductibles and co‐pays. These plans are available through private insurance companies.

Medicare Supplement plans have a six-­month Open Enrollment Period when you’re guaranteed coverage no matter what. If you miss your Open Enrollment Period, you may have to answer health questions if you want to make a change – and you may lose your chance to get a supplement plan in the future.


Source: “Medicare & You 2017,” Centers for Medicare & Medicaid Services


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