A few posts ago, I explained how you might decide between a private Medigap Plan A and a Medigap Plan F, which represent the major different approaches to gap insurance in the Medicare market (roughly the same as Core vs. Medigap Supplement-1 in Massachusetts, where we don't have seven different plans A through N like most other states).
That October 27 post was the simple explanation. But this is the government. Nothing is ever that perfectly simple. In addition to the roughly $1200 Part A per-indicident admitted acute-care-hospitalization deductible, there is also an approximate $150 annual deductible for Part B expenses and some skilled nursing care limitations you have to take into account. So you need to figure both of these into to your "bet" as well but just sticking with the $1200 vs the extra monthly premium is the best way to look at it.
And then you still probably need a standalone part D drug plan (unless your former job or union or VA offers what is known as creditable coverage. Part D will be discussed on this blog in more detail in November but in the meantime, enter your drug list and save its "passdate."
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