Find the Medicare plan tailored for your needs.
Yes, all three can trigger or increase IRMAA, the income-related surcharge added to Medicare Part B and Part D premiums. IRMAA is based on your income from two years prior, so a large transaction today can raise your premiums in the future.
Medigap tends to work well for people who want predictable costs, freedom to see any Medicare-accepting doctor, and solid protection against large medical bills. It's often a good fit for people with ongoing health conditions or those who simply want fewer financial surprises.
Medicare Advantage plans often have low or no monthly premiums and include extra benefits, but they come with network restrictions, prior authorization requirements, and variable out-of-pocket costs that matter most when your health needs increase.
Form CMS-L564 is a form your employer completes to confirm you had employer-sponsored group health coverage. You use it when enrolling in Medicare Part B outside your Initial Enrollment Period to avoid a late penalty.
Watch for agents who rush you, avoid your questions, or push one plan without asking about your doctors or prescriptions. A trustworthy agent learns your situation before making any recommendation.