Medicare Insurance Plans

Today, we provide more useful information about your Medicare insurance.

  • Medicare Advantage plans are offered by individual insurance companies that are paid for by you and partially by the government. They are usually less expensive than paying for a Medicare supplemental plan (offered by companies like United Healthcare, Blue Cross and others). Having your own supplemental plan gives you access to a larger choice of doctors and specialists.
  • Some Advantage plans provide some coverage for eye glasses and hearing aids.
  • Before deciding between a Medicare supplemental plan or an Advantage plan, discuss it with an insurance agent, a Medicare representative, or friends/relatives familiar with the advantages/disadvantages of each.
  • If you can afford it, it’s wise to obtain a supplemental or Advantage plan. It’s been estimated that a couple over age 65 without a supplemental plan may spend over $250,000 out-of-pocket by the time they reach their late 80’s.

For more information about Medicare, please refer to pgs. 51-54, 203-219 in our newly published best-seller, Insider’s Guide to Quality, Affordable Healthcare, available from and bookstores throughout the U.S.

Next time we’ll discuss the important factors to consider when you’re eligible for Medicare.

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