Tag: coinsurance

The word Medigap with medicine around it.

Low premiums, aggressive marketing and extras like dental care and prescription drugs have propelled Medicare Advantage plans to half of the retiree insurance market. Nevertheless, some people still prefer traditional Medicare combined with Medigap insurance.    Medigap buyers on average use $12,200 in medical care annually –  $2,300 more than everyone else on Medicare – according to…

iStock-910619648 [Converted]

Choosing a Medicare option is one of the biggest decisions baby boomers make. Nearly half of U.S. retirees today have Medicare Advantage policies – that’s double the market share just 15 years ago. The reason for Advantage plans’ popularity is their low monthly premiums. But as enrollment surges, some of our blog readers who signed…