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Also called Medicare Part C, Medicare Advantage plans provide coverage through private insurance companies approved by Medicare. These companies provide all the benefits of Part A and Part B, with the exception of hospice care (which remains covered by Medicare Part A). These plans sometimes include additional benefits, such as vision, dental, and/or prescription drug coverage. When you join a Medicare Advantage plan, you must continue paying your Part B premium. Choose from HMO and PPO plans.
Also known as Medigap, Medicare Supplement plans are offered by private insurance companies and can take care of certain health care costs not covered by Original Medicare, like deductibles, premiums, and copayments. There are 10 standardized plans in 47 states, while Massachusetts, Minnesota, and Wisconsin each have their own plan offerings. Plans are categorized by letter—A, B, C, D, F, G, K, L, M, and N—and plans of the same letter offer the same benefits. However, insurance companies can offer plans at different prices; therefore, you may have different out-of-pocket costs, even if the standardized plan benefits are the same. These plans do not provide prescription drug coverage. This means that you will have to enroll in a stand-alone Medicare Prescription Drug Plan for medication coverage.
While Medicare Supplement plans help with deductibles and other expenses not paid by Original Medicare, they do not cover services if Original Medicare does not cover them. For example, they do not cover long-term care, dental care, or eye glasses.
Medicare can be overwhelming. What does Original Medicare cover? What if I have health concerns? What if I am still covered by my employer? Are there penalties for not enrolling in certain Parts or Plans? Our agents are here to break it down, make it simple and ensure you choose the right option for your needs.
Our agents offer plans with many different carriers and we can show you exactly how to compare plans, advise you on what plans might work better and even help you find what plans already work with the Doctors who you see now.
Your options for Medicare Health Insurance can be overwhelming and we want to make sure you find a plan that works for you. Independent agents can search for a plan that includes your Doctors, your prescriptions and any benefits that are pertinent to your life and health.
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