Suppose at 65 (or older) you’re invited to choose between auto driving plans.
Plan One requires a monthly pre-payment of ~ $200. For that you get free gift cards for gasoline and service. There are no limits on mileage or use, and they may be redeemed anywhere in the US. The monthly cost will increase ~7% each year as your ‘car’ ages.
Plan Two has little or no monthly payment, depending on whether you buy the Studebaker, Packard or Duesenberg* option; i.e., you pay as you go. Tank up, pay $40. Need a ‘tune up’, pay $250. Repairs for a ‘break down’ might cost $2500. There’s an annual out of pocket maximum of ~ $5500
but, you can only ‘drive’ in SE Wisconsin.
When Mad Max retired, he chose Plan One
Greta Garbo would have taken Plan Two.
You can choose a new Plan Two once every year between October 15th and December 7th, but you can only buy Plan One when you first turn 65, retire, or later, if you and your car can pass a ‘driving test.’
And now you know the difference between Original Medicare plus a Supplemental Plan (One) and a Medicare Advantage Plan (Two).
*Hey! I’m not that old. Just trying to avoid
copyright issues.
