Your biggest decision—and one that is a good idea to make first—is whether you want Original Medicare (Part A and Part B) or a Medicare Advantage plan. They cover the same basic services, but they work very differently. Your choice depends on your needs.
Once you make that decision, you’ll have other choices to make. If you choose Original Medicare, you’ll need to decide whether to buy a stand alone prescription drug plan or Medigap (Medicare supplemental insurance) policy. If you choose Medicare Advantage, you’ll also have to pick a specific plan from a specific company.
Once you make that decision, you’ll have other choices to make. If you choose Original Medicare, you’ll need to decide whether to buy a stand alone prescription drug plan or Medigap (Medicare supplemental insurance) policy. If you choose Medicare Advantage, you’ll also have to pick a specific plan from a specific company.