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How to Maximize Your Medicare Benefits

5 tips for making the most of your Medicare plan this year

David C. Wyld

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Photo by Harli Marten on Unsplash

Do you spend your Sunday mornings scouring the newspaper inserts for coupons? Make it a point to confirm discounts when booking hotel reservations? Secretly (or not so secretly!) love the senior discount at the movie theater?

If any of these sound familiar, you probably consider yourself a savvy consumer who likes to make sure you’re getting the most value for your money. But have you stopped to consider whether you’re applying those same prudent practices to your Medicare benefits?

Maximizing those benefits can help with more than just saving money. It could help improve your health as well.

Here are five tips to help ensure you get the most out of your Medicare coverage this year.

Photo by Mari Helin on Unsplash

Tip 1: Learn the difference between Original Medicare and Medicare Advantage

More than 66 million Americans made choices about their Medicare coverage last fall. Some opted for Original Medicare, but one in three chose Medicare Advantage, which combines…

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David C. Wyld
David C. Wyld

Written by David C. Wyld

David C. Wyld is a Professor of Strategic Management & Consultant. Follow him here on Medium for his latest publications. He supports his fellow Medium writers.

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