The primary factor when determining the best Medicare coverage is the individual’s expected needs:
Health. One’s health should be considered. This can be determined by considering how often doctor visits are needed, what health problems are present, and what medications are currently prescribed.
Budget. One’s budget is also a factor when determining the best coverage. Considerations include what the individual is able to pay in monthly premiums, whether or not copays and coinsurance fees will be affordable, and whether or not high out-of-pocket risks will be acceptable.
Individual Preferences. One’s preferences should also be considered. These preferences include the doctors, hospitals or pharmacies the individual prefers, whether or not coverage is accessible while the individual is traveling often, or other coverages the individual already has.