How to Compare Medicare Plans

Comparing Medicare plans can seem overwhelming, but with the right approach, you can find coverage that fits your health needs and budget.

Step 1: Understand Your Options

**Original Medicare (Parts A + B):** Government-run, see any Medicare provider nationwide

**Medicare Advantage (Part C):** Private plans, often with networks and extra benefits

**Medigap:** Supplements Original Medicare to cover gaps

**Part D:** Prescription drug coverage

Step 2: Check Your Doctors and Prescriptions

Before choosing a plan:

List your current doctors and hospitals

List all your regular prescriptions

Check which plans cover your providers and medications

Step 3: Compare Costs

Look beyond the monthly premium:

Annual deductible

Copayments and coinsurance

Out-of-pocket maximum

Drug costs (if applicable)

Step 4: Consider Your Lifestyle

Do you travel frequently? (Original Medicare may be better)

Do you have complex medical needs? (Consider a Medigap plan)

Are you healthy and cost-conscious? (Medicare Advantage may offer lower premiums)

Step 5: Work with an Independent Broker

An independent Medicare broker can do all this comparison work for you — for free. They represent multiple carriers and can quickly identify which plans cover your specific doctors and medications.