09/04/2026
The cheapest monthly premium is NOT always the cheapest plan.
This is probably the biggest misunderstanding I see when people are comparing Medicare options — and it costs some folks thousands of dollars a year.
Here's how it actually works:
With Medicare Supplement (Medigap), you pay a higher monthly premium. But most of your out-of-pocket costs when you USE your coverage are covered. You know what you're going to pay each month. No surprises.
With Medicare Advantage, the monthly premium is low — sometimes $0. But every time you use the plan, there are copays, coinsurance, and deductibles. And if you have a major health event — a hospitalization, a surgery, a cancer diagnosis — those costs can add up fast.
Neither structure is bad. But here's what I ask my clients to think about:
1. How is your health right now — and how was it 5 years ago?
2. Do you see specialists regularly, or are you generally healthy?
3. Could you handle a $5,000–$7,000 out-of-pocket exposure in a single year?
Your answers should drive the decision. Not the premium.
This is the conversation I have with every single client. One hour of honest discussion can save you from years of regret over a plan that looked great on paper.
📞 (754) 444-2782 (TTY 711) Licensed Medicare Agent
📅 calendly.com/dswaffar — free, no obligation
We do not offer every plan available. To find out about all of your options visit Medicare.gov
