There are different types of policies that you can buy.

Medicare Plans is risk management. When you purchase Medicare Plans Now you are transferring risk from you to the insurance company. The more risk you transfer to the insurance company (whether by choice or government force), the more expensive that transfer will be. So, in order to make that transfer more affordable it’s important to not look at Medicare insurance as replacing all medical expenses. Buy insurance to protect your family from serious financial disruption should a significant healthcare need arise (i.e. major surgery, lengthy hospital stays, disability, etc.).