best Medicare insurance for retirees

best Medicare insurance for retirees

Retirement is when Medicare coverage becomes your primary health insurance. The right Medicare plan depends on your health, finances, travel habits, and preferred doctors. Medicare Supplement (Medigap) provides the most predictable costs and the most flexibility. Medicare Advantage may offer lower premiums with extra benefits.

What You Need to Know

• Medicare Supplement: predictable costs, any Medicare doctor, no networks
• Medicare Advantage: lower/zero premium, network required, extra benefits (dental, vision, hearing)
• Add Part D for prescription drug coverage if choosing Original Medicare + Medigap
• Consider your travel habits — Medigap covers you anywhere in the U.S.; Medicare Advantage networks may not
• Review your plan annually during Annual Enrollment Period (Oct 15–Dec 7)