If you’re about to turn 65 and qualify for Medicare, you’re being deluged with information from private insurance companies who are trying to get you to sign up for their Medicare Advantage plan as an alternative to traditional Medicare.
It can sound alluring – oftentimes these plans are less expensive and offer coverage for items that traditional Medicare, even with a supplemental (Part C) plan, doesn’t cover.
But here are two big reasons not to enroll in a Medicare Advantage plan.
With a Medicare Advantage plan, you’re forced to use the insurance company’s network of contracted doctors and hospitals.
Once you enroll in a Medicare Advantage plan, you might get sick, and then it could become a challenge to switch back to traditional Medicare. You can always switch back to the basic traditional Medicare plan (Parts A & B.) But Part C is offered by individual insurance companies and they can refuse you coverage if you have a pre-existing medical condition.
Here’s a link for more information.