[Villager Dude]

Issues

First and foremost if you are currently employed and have what is called Credible Coverage you do not have to do anything at this time. I would sign up for Part A now only because it has no cost.

If you do not have credible coverage for medical and prescriptions then you will be permanently penalized by not signing up during your window of opportunity. For each and every month you wait to sign up for Part B after the window closes you will be penalized 1% for life.

Keep in mind the Part B rate , currently at 104.90 , is based on income. If your income is high you will pay more than the 104.90 rate.

Now it boils down to cost and risks.

Medicare advantage plans are great if you want to be limited to certain hospitals and doctors. These programs are the most affordable. The Vendors that offer Advantage Programs have actually taken your health care burden from the federal government and assumed it in exchange for the Medicare Part B rate and co pays, etc.

I prefer the medigap policy Part F which covers all costs so there are no co pays, deductibles, or co insurance . The premium in Sumter County for Blue Cross is 180 for a 67 year old . Any place that takes medicare will take your part F. Once you pay your premium you have no other costs.

No need to shop benefits for different Vendors as the benefits are the same for all Part F policies. The only difference will be the cost. United may charge 190. and Blue may charge 180. per month.

If Part F works in your budget then you will have ultimate piece of mind.
Another issue is guaranteed acceptance . If you have a gap in coverage an insurance provider may turn you down. If you apply during your window of opportunity and produce a credible coverage letter then they have to accept you no matter what your health status is.

Hope this helps a little.