Money Minute: Going over confusing Medicare aspects like Medigap, Medicare Advantage

Signing up for Medicare is particularly complicated this year

As we've covered over the last several weeks, signing up for Medicare is no simple feat. There are several components people should be aware of before signing up. This week, we're discussing Medicare Advantage, sometimes known as Medicare Part C, and Medigap.

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 -- particularly those that are more confusing and/or expensive. In this segment, we’re discussing Medicare Advantage and Medigap.

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.