Open Enrollment is happening now!
Medicare is a federal program available to Americans over age 65 and those younger than 65 with certain disabilities. Medicare is divided into different plans or "parts".
Medicare Advantage plans are all-in-one plans that often includes prescription drug coverage. Advantage plans often have a $0 monthly premium and give you an annual out of pocket limit.
Original Medicare doesn't cover prescription drugs, but you can purchase stand a lone part D prescription plans. It is important to purchase this plan when you are first eligible, or you may be subject to a life time penalty.
Supplement plans help cover what original Medicare does not. Supplements can be very comprehensive and will help you pay for copayments, deductible, and max out of pockets.