At first the decisions related to initially signing up for Medicare seem complex. For most people the decisions are actually simple. I suggest that at least one month before you turn 65 that you sign up for Medicare. I did the following, I recommend you do the same, unless you have atypical requirements.
Buy Medicare Parts A, B, C, and D
- Sign up for parts A & B. Part A has no cost. The cost of Part B is only $104.90 in 2015. This gives you the basic coverage.
- Sign up for Option F for part C (supplemental coverage) and for Part D (drug coverage). Supplemental coverage takes care of deductibles and a lot of other hidden or potential catastrophic costs.
Buy from AARP / UnitedHealthcare
Buy supplemental coverage (Part C) and drug coverage (Part D) from AARP/United Healthcare. AARP markets supplemental and drug coverage for UnitedHealthcare. Almost all other insurers pay sales commissions to insurance salesmen. My cost for both supplemental and drug coverage is about $400 per month.
Notice that you end up making three payments each month. The people who administer the supplemental and drug plans work for UnitedHealthcare, but you can’t pay a bill that combines supplemental and drug coverage. Be sure to automate your payments.
Note that I am not an expert (I am not certified or licensed in anything related to Medicare.) or a professional (No one pays me to sell you anything.). However, I would prefer to hold and state an informed opinion. If you disagree with my opinions and decisions, please feel free to post a comment.
If you’d like to be confused by way too much information, then go here: https://www.socialsecurity.gov/OP_Home/handbook/handbook.20/handbook-2015.html