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3 Costs You Might Encounter if You Drop Medicare Advantage During Open Enrollment


Medicare open enrollment has been underway for a number of weeks now. During this time, existing Medicare enrollees can make changes to their coverage, such as swapping a Part D drug plan for another or switching Medicare Advantage plans.

If you're currently enrolled in Medicare Advantage, you may not want a new Advantage plan, though. Instead, you may be tempted to drop Advantage altogether and stick with original Medicare.

That's not necessarily a bad idea. When you get coverage under original Medicare, you generally get access to a much wider network of providers. And if you plan to split your time between two parts of the country (in other words, go the snowbird route), original Medicare could make a lot more sense, as you won't have to stress as much about finding doctors who are in-network.

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Source Fool.com


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