To decide which Medicare plan is right for you, it's important to understand the different costs associated with each. Here is a breakdown of standard costs you can expect.
The annual election period for Medicare and Medicare Advantage opens October 15 and runs through December 7. For a more comprehensive compare and contrast of the two main ways to get Medicare, please refer to our post here.
However, just understanding the costs associated with each plan can be confusing enough. Below, we present a breakdown of standard costs at a glance associated with each type of plan.
Visit www.Medicare.gov/plan-compare to shop and compare plans to determine which best fits your needs. The Medicare Call Center can help you with specific questions about billing, claims, medical records, expenses, and more. They can be reached at 1-800-MEDICARE (1-800-633-4227).
If you’re looking for a way to unlock additional money for unexpected medical expenses, Truehold’s sale-leaseback option may be a good solution to allow you to access your home’s equity. Speak to one of our advisors who can provide more information on Truehold’s program, as well as answer questions you have about choosing Medicare or Medicare Advantage.
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