FAQ Friday: Medicare Advantage Plan or Medicare Supplement Plan
b'During this Annual Election Period, there is one very important thing to know before you make your final choice on whether or not to purchase a Medicare Advantage Plan or a Medicare Supplement Plan (Medigap). If you decide to choose any of the Medicare Advantage Plans, please understand that, should you want to upgrade later in life to a Medicare Supplement, you may not be able to because at that point you will have to medically qualify to upgrade your coverage. I am not against Medicare Advantage Plans, because my company offers them. They are good health plans for certain people. However, for the majority of people that are 65 years old or older, it can make a lot of sense to purchase a Medicare Supplement Plan, especially if know that you will have to medically qualify to upgrade later in life. Please shop all of your options for coverage before making your final choice.'