8 Costly Medicare Mistakes To Avoid

3. Not Purchasing Additional Coverage

Despite the fact that Medicare provides partial coverage, it does not cover all of your healthcare costs. Part A (hospital insurance) and Part B (medical insurance) make up original Medicare (medical insurance). It excludes prescription medicine coverage as well as services such as eye tests, hearing aids, and dental care.

If you aren’t aware of this, you may be in for a pricey surprise when you go to the dentist or fill a prescription. This type of unexpected expense can be costly, and you may be left with the stress of unpaid medical bills. There are, however, some extra options for obtaining the coverage you require.

-Medicare Part D: Also referred to as Medicare Part D, this coverage is an optional way to acquire prescription drug coverage. Plans will differ in terms of what they cover and how much they cost.

-Medicare Advantage plans, often known as Medicare Part C, are private insurance plans offered by commercial insurance firms. They normally include prescription drug coverage and combine your Medicare Part A and Part B benefits. They might also cover services like eye tests, hearing aids, dental care, and wellness programs that aren’t covered by Original Medicare.