A lot of people argue that they can’t afford Medicare Advantage plans or Medicare Supplemental Insurance coverage. While this may be the case, most people actually say this before they even look at these plans and how much they cost. Not only that, but look at how much coverage they provide. Medicare was never created to be an all-inclusive Medical Insurance program. Therefore, people have been facing gaps in coverage ever since the plan was started. As a result, they are offered the chance to purchase Medicare Supplemental Insurance or private Medicare Advantage plans, to which many people decline.

Before you turn down extra insurance coverage, take a look at what your Medicare plan offers. You will quickly see that there are a lot of gaps that can add up quickly if you’re not prepared. A lot of it is coverage that you hope to never need, but unless you can predict the future, you don’t know what is going to happen. Imagine if something serious occurs and you don’t have gap insurance to pick up where Medicare leaves off. Then, you’re left with $20,000 to $25,000 in medical bills as a result. You could have prevented this by paying a little more each month for Medicare Advantage plans or Medicare Supplemental Insurance.

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When you look at it like that, it’s hard to justify not having the extra coverage. If you don’t like the federally sponsored Medicare Supplemental Insurance programs, you can create and customize your own Medicare Advantage plan with a private insurance company to get better coverage where you need it most. You will also have the option of getting private prescription coverage or enrolling in Medicare Part D, because you can’t do both. These are all things that you have to think about. Sure, you will be spending extra money on insurance, but it could save you thousands of dollars in medical debt someday.

Before you blow off Medicare Advantage plans or Medicare Supplemental Insurance, think about this. It just makes sense to get coverage. With so much to choose from, it’s not hard to find coverage that suits your needs. Plus, you’ll have the chance to get exactly what you need and never pay for anything that you don’t. This coverage is all about you and that’s why you need to put it to use when you can. You might not ever need the coverage, but it’s better than not having it at all.