When it’s your turn to get Medicare, don’t get pigeon-holed into believing you only have one option; you actually have several. Medicare Advantage is one such option, and while it’s not for everyone, it could be the perfect fit for you. It might be easiest to think of Medicare Advantage as “Pay-as-you-go” insurance. If you believe yourself a healthy individual who’s only ever at the doctors for an annual check-up, this might be a plan you should consider looking into.
Medical Savings Account
An alternate form of a Medicare Advantage plan, a Medical Savings Account is a high deductible, $0 premium policy with an additional deposit that can be used for qualified medical expenses (Even ones not regularly approved by medicare, such as experimental care). To top that off, many MSA’s have enhanced Tax-Benefits, so that IRS qualified purchases are tax-free.
While there is plenty that Original Medicare & Medicare Advantage covers, gaps may still be present in your coverage. Especially since Medicare Advantage and Prescription Drug plans can change from one year to the next, it's important to schedule an annual review with a licensed and certified Medicare advisor. You may consider looking into a Supplemental Medicare policy to cover the gaps in your policy. Because of their flexibility, a ``Medi-gap`` policy could be exactly what you need to be prepared for anything life throws your way.