I'm due for a medical this year, and my last one was before the BasicMed program existed.
I'm a VFR PPL, flying small planes with 6 people or less.
Is there a clear reason to use Basic Med or Class III Medical?
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I guess it depends on whether you intend to fly a larger aircraft at higher altitudes at faster speeds or one with a limited number of passengers at lower altitiudes and airspeeds. If the latter is going to be the only flying you do, then a basic medical will be a good choice. If you intende to undergo additional training and obtain additional certificates, ratings, or type ratings, I believe you will be required to hold at least a third class medical to do so.