Must I sign up for a Medicare Advantage Plan?

Unfortunately, some on Medicare have been told they must sign up for one of the plans. This is of course NOT an accurate representation of the Medicare rules. In fact agents who tell people this to make a sale are doing so at the risk of having their license pulled. There are absolutely no mandates anyone sign up for Medicare Advantage, of really even for Medicare Part B or even the drug plans. (Granted penalties exist for not signing up at the first opportunity when it comes to Part B or Drug Plans.) 

Medicare Advantage Plans are there for those on Medicare as an option instead of Original Medicare. For those who want something different than Original Medicare, Medicare Advantage Plans are one option. Of course you can also add to Original Medicare a Supplement plan and a Drug plan and depending on how you set it all up have coverage that keeps your out of pocket costs well in control.

In the event someone tells you that you need to sign up, must sign up, or are required to sign up for a Medicare Advantage Plan know that it is completely your own choice. It is best to weigh the benefits against the restrictions that come with a Medicare Advantage Plan before deciding to sign up. If you decide that it is the most appropriate way to go, sign up for the one which best meets your needs.  But, the key is to remember that you are not required to sign up for one.

We are here to help with your Medicare Supplement insurance in Texas, Arizona, or Florida, give us a call and discuss how we can offer you great protection at the right price.