How Do I Choose Medicare Coverage When I Retire

Many people are uncertain about their choices when it comes to enrolling in Medicare insurance.  

There are 2 main ways to get your coverage - you can choose the traditional fee-for-service Medicare insurance, known as Original Medicare insurance, or a Medicare Advantage plan.  

Medicare Advantage plans are similar to an HMO, which stands for Health Maintenance Organization, or a PPO, which stands for Preferred Provider Organization. 

Original Medicare insurance consists of Part A - Hospital Insurance for in-hospital care, and Part B -Medical Insurance for outpatient services like doctor visits and lab tests.  

Medicare Advantage, known as Part C, is a managed care option that rolls all the different parts of Medicare insurance into one.  

And everyone on Medicare insurance is eligible for prescription drug coverage either from a Part D plan or a Medicare Advantage Plan offering drug coverage. 

There are many considerations that can factor into the Medicare program planning process. Let us help you with your important Medicare insurance decisions. Call to speak to a licensed insurance agent. 

Jared Argo

Argo Retirement Solutions

575-703-0614

Medicare Advisor in New Mexico