1. CHOOSE THE RIGHT PLAN
If you’re enrolled in Original Medicare (Medicare Part A and Part B), consider supplementing it with a Medigap (Medicare Supplement) plan. Medigap plans can help cover many out-of-pocket costs, such as deductibles and coinsurance. If you opt for a Medicare Advantage plan, compare plans in your area to find one that offers a low out-of-pocket maximum and suits your healthcare needs. Look for a plan that provides robust coverage and minimizes cost-sharing.
2. GENERIC MEDICATIONS
Opt for generic prescription medications whenever possible. They are often more affordable and can save you money on drug costs. Check if your Medicare Part D prescription drug plan has a preferred pharmacy network for lower copayments.
3. MEDICATION FORMULARIES
Review the drug formulary of your Medicare Part D plan to ensure your medications are covered. If they aren’t, ask your doctor if there are suitable alternatives that are covered.
4. PREVENTIVE CARE
Take advantage of Medicare’s free preventive services, such as flu shots, screenings, and wellness visits. Early detection and prevention can help avoid costly treatments later on
5. IN-NETWORK PROVIDERS
If you have a Medicare Advantage plan, use in-network providers to lower your costs. Many Medicare Advantage plans offer better coverage and lower copayments or coinsurance for in-network care.
Powered by FlippingBook