3. Advantage vs. Original Medicare
(Whether or not receiving benefits from or
subsidized by HP/HPInc or HPE.)
Advice and reference info from
(Updated Dec 2,
Questions or comments to:
The major decision is between Medicare
Advantage vs. Original Medicare + Medigap + Drug.
The primary source on this issue is the official
"Medicare & You" booklet. It is well done.
Even if you are only interested in
Advantage or Medigap plans, go through the sections in
You can download it from the
official Medicare.gov site.
Even if you have a paper copy, it is
very helpful to download a copy. Terms, sections, and other
articles are hotlinked -- and you can use Adobe Reader's search
feature to find
specific words or phrases in a pdf file. (To search for a
word or phrase in a pdf file, press Ctrl and F together on a PC
-- or Command and F on a Mac.)
Medicare articles on Advantage vs. Original Medicare:
"Things to know about Medicare Advantage Plans"
"How Medicare works with other insurance" COBRA, "4
things to find out about your retiree coverage" "Buy a
policy when you're first eligible" "Medigap & travel"
"Guaranteed issue rights" -- when
insurance companies "...must sell you a Medigap policy, must cover
all your pre-existing health conditions, and can't charge you
more because of past or present health problems."
Changing between Medigap and
AARP article: "The Big Choice: Original Medicare
vs. Medicare Advantage"
(AARP membership not required.)
Original Medicare + Part D:
"For Part D plans, do your research on the official Medicare
https://www.medicare.gov/plan-compare/ -- and on the web
sites of the plans that interest you. Always generate a drug
cost for the pharmacy that you prefer to use. Take Aon's drug
costs with a grain of salt. If they happen to agree with
Medicare and the plan, then trust them. Otherwise, ignore them.
If you run the numbers early in the enrollment period, consider
rerunning them later, because things can change."
If you have found an especially
helpful article on the medicare.gov site, please pass the
4. Compare plans