5 Questions for Comparing Medicare Plans

Finding the Right Fit

Comparing Medicare options can feel like comparing apples to oranges. To help simplify the process, here are five important questions to ask when reviewing different types of coverage.

1. Are my doctors in-network?

If you have specific doctors or specialists you prefer to see, you'll want to understand how different coverage options handle provider networks.

2. Are my medications covered?

Prescription drug coverage can vary significantly. It's important to verify that your specific medications are on the plan's formulary (list of covered drugs) and what the out-of-pocket costs might be.

3. What are the out-of-pocket maximums?

Understanding the worst-case scenario is crucial. Look at the plan's maximum out-of-pocket limit to know the most you could spend in a year for covered services.

4. Do I travel frequently?

If you split your time between states or travel often, you'll want coverage that travels with you. Some options offer more flexibility nationwide than others.

5. What extra benefits are important to me?

Consider whether you need coverage for things Original Medicare doesn't typically cover, like routine dental, vision, or hearing services.

There is no one-size-fits-all answer in Medicare. (If you want help weighing these questions against your specific needs, my door is always open.)