Medicare Advantage - not really "free"

September 15, 2023

Open Enrollment for Medicare begins next month, October 15. This is the opportunity to shop for and change Medicare Advantage plans, as well as Medigap and Medicare Part D plans. If you’re in the market for a new plan, here are some tips to help you find the most cost-effective one.

Just because a Medicare Advantage plan might have no monthly premium, no health plan deductible, and no copayment for the primary physician, doesn't mean it's free. There are often out-of-pocket costs for many services that can really add up.