Original Medicare vs. Medicare Advantage: Cost

Whether you choose to go with Original Medicare or with a Medicare Advantage plan, you will likely pay premiums, deductibles, copays and coinsurance.

• The Part B premium
• The Part A premium
• Deductibles for Parts A & B
• Part B Coinsurance
• Copays for Parts A & B services
• Additional Part D costs – (If you add a Part D prescription drug plan, you’ll likely have to pay additional premiums, deductibles copays and coinsurance amounts.)

Costs with Original Medicare include:

• The Part B premium
• A low-cost or $0 plan premium
• A plan deductible (not all Medicare Advantage plans have one)
• Copays for covered health services and items

Costs with Medicare Advantage vary but may include:

A great benefit with a Medicare Advantage plan though is there is a limit on your out-of-pocket costs (deductibles, co-insurance and copays). This can really help keep your Medicare costs under control. Original Medicare does not provide any financial protection like this.

To help navigate answer all questions related to Medicare coverage, MedNOW Clinics recommends working with an insurance broker to navigate your options, and we are pleased to work with the following brokers:

· Colorado Insurance Advisors 888-222-3333

· Integrity Health Advisors 303-507-1216
  MK Ritchen
  mk@mkplans.com 
 www.integrityhealthadvisors.com 

A note about financial protection: