What factors should Eugenio Costa consider in making the choiceMaking Sense of Medicare

Eugenio Costa, $65,$ received a $127-$page booklet from Uncle Sam called Medicare and You $2021.$ It

doesn't have much of a plot, but it might be the most important reading he does this year.

For seniors or their adult children, the booklet outlines the choices Medicare recipients face in

the fast$-$changing world of health care. But Medicare is mind$-$numbingly complicated, and it is

easy to get lost in a maze of options.

Eugenio is fully aware, however, that Medicare, Medicare HMO $($Medicare $+$ Choice$),$ or

Medigap do not cover long$-$term nursing home or at$-$home care. For that, he will have to buy

private insurance, which can cost thousands of dollars a year if he signs up now.

All of these choices allow seniors to tailor a plan to their needs. But it also makes picking

insurance much more complicated. Eugenio knows that a mistake can be costly in terms of both

health and money.

Questions

What factors should Eugenio Costa consider in making the choice among various types of

Medicare, Medigap, or HMO health care insurance policies? among various types of Medicare, Medigap, or HMO health care insurance policies?