You might think that when you enroll in Medicare, the federal government health insurance program will pay for everything related to your health care. It doesn’t. Tallying how much you pay out of pocket for Medicare each year can lead to serious sticker shock.​​

There are many factors to consider when comparing Medigap plans, from monthly premium to pre-existing condition waiting periods.

Medicare is a fee-for-service health insurance program for aging individuals. It comes with an alphabet soup of parts that offer different types of coverage and benefits. But Medicare has its challenges—including many holes that simply aren’t covered at all. To fill those gaps, consider enrolling in a Medicare Advantage or a Medicare Supplement plan. To help you make an informed decision and weigh the pros and cons of each option, we’ve gathered unbiased expert insights and research on coverage, cost, convenience and choice.

Your goal in choosing a Medicare Part D prescription drug plan is to select a plan that covers all your drugs with the lowest out-of-pocket cost, provides good service, and checks the box on any other personal requirements you might have.