Is Basic Medicare Coverage Enough for my Parents?

Caring for aging parents presents numerous challenges, especially regarding their health insurance needs. Choosing the right plan involves understanding Original Medicare versus Medicare Advantage.

Original Medicare (Parts A and B) covers hospital and outpatient services but may not include supplemental healthcare or prescription drugs. Medicare Advantage combines Parts A, B, and often Part D, offering additional coverage like vision and dental. Considerations include network providers and referral needs.

Medicare Part D covers prescription drugs and is available standalone or within Medicare Advantage.

Even if not currently needed, enrolling early is wise due to penalties. Visit Medicare.gov to see more about late enrollment penalties.

Medicare Supplement Plans (Medigap) can help cover costs not handled by Original Medicare, though not all expenses are covered.

Consulting a Licensed Insurance Agent ensures a comprehensive analysis, plan comparisons, and coverage for prescriptions and physicians. Our Licensed Insurance Agents are here to help find the Medicare options for your parents' healthcare needs.