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Choosing the Right Medicare Coverage

As you approach the age of 65, Medicare is likely to be on your radar. Taking the first steps toward learning about Medicare can seem overwhelming, but can be crucial to ensuring you’re getting the coverage you need. Medical expenses can be one of the biggest costs you face, making your choice of coverage important for not only your health, but your wealth, too. 

At SelectQuote, we can help you simplify the process to ensure you’re getting the benefits you deserve. Below we’ve included some information to help get you started. 

Basic Medicare vs. Medicare Advantage

Original Medicare includes both Part A and Part B and is offered through the government. Medicare Part A helps cover most inpatient hospital care, skilled nursing homes, and home health and hospice care. Medicare Part B covers routine doctor visits, including specialists to treat your medical conditions, and covers preventative services, which is meant to prevent illness (like the flu) or to detect at an early stage. 

Medicare Advantage plans—also known as Medicare Part C—provide an alternative to Original Medicare. These plans are legally required to offer at least the same benefits as Original Medicare, but often include additional benefits such as vision, dental, prescription drug coverage or wellness programs. 

Generally, Medicare Advantage plans provide a strong alternative to Original Medicare. From additional benefits to potential low costs, it’s at least worth comparing your options, which is something we can help you do. The service is free and there’s no obligation to enroll.

Consider Extra Medicare Coverage

After looking at your options for coverage, you’ll also want to consider any extras, one of the biggest being Medicare Part D. Medicare Part D —also known as Medicare Prescription Drug Plans—help cover the cost of brand-name and generic prescription medications for Medicare beneficiaries. A Medicare Part D plan can be purchased as a standalone plan, to supplement Original Medicare or to accompany a Medicare Supplement plan.

Another option for prescription drug coverage is with a Medicare Advantage Plan. Most Medicare Advantage plans include prescription drug coverage, although you can purchase a stand-alone Prescription Drug Plan (PDP) if your Medicare Advantage plan doesn’t include it. 

Just like your main coverage, your prescription drug plan coverage should be reviewed annually. Whether there is a change to your plan or a change to your health needs, you’ll want to make sure you’re still getting the right coverage at the right price. 

Determine What’s Best for You with SelectQuote

We can help you compare the plans available in your area and determine which might be a good fit for you. As your needs change, you want to make sure that your Medicare coverage includes all of the benefits you deserve. Let us help. The service is free and there’s no obligation to enroll.

We do the shopping. You do the saving.

No obligation to enroll