Money Minute: Understanding Medicare Advantage, the more expensive option

Signing up for Medicare is particularly complicated this year

Getting ready to sign up for Medicare? It's important to do your research and understand all you can about the plan and the sign-up process. This week, we're talking about Medicare Advantage, which is more expensive than regular Medicare.

For those of you who are signing up for Medicare this year, it’s important to know that the sign-up process is complicated, especially this year.

We’re taking a special look at to the elements of Medicare and what you need to know before signing up. In this segment, we’re covering Medicare Advantage -- a more expensive health care option.

Learn more in the video report above.

Click here to download the Medicare & You 2022 guidebook.

More reading on Medicare

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Read more from Centers for Medicare and Medicaid Services: Top 5 things you need to know about Medicare Enrollment

Read more from Somerville Cambridge Elder Services: What should you do to prepare for Medicare at age 64?

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About the Author:

Rod Meloni is an Emmy Award-winning Business Editor on Local 4 News and a Certified Financial Planner™ Professional.