Medicare Supplements

  Navigating the world of Medicare can be overwhelming, especially when considering the cost implications of various plans. Two common options are Medicare Advantage and Medicare Supplemental Plans (also known as Medigap). Understanding the differences between these plans, especially regarding costs, networks, and enrollment rules, can greatly assist beneficiaries in making informed decisions. Let's explore these aspects further. Medicare Advantage vs. Medicare Supplemental Plans: A Cost Perspective Medicare Advantage Plans - Cost: Medicare Advantage plans often have lower monthly premiums compared to Medigap plans. Some plans might even offer a $0 [...]

The #1 question we get from clients new to Medicare or retiring, and are looking at options for secondary insurance is, what is the difference between a Medicare supplement (aka Medigap policy) and a Medicare Advantage Prescription Drug plan (aka Part C) plan? Minor differences will exist in each regional market, but here we will discuss the general pros and cons of Medicare supplements vs. Medicare Advantage plans. Network With Medicare supplements, you generally have greater freedom with choosing your doctors, hospitals, or facilities. When you get Medicare Supplement Plan, [...]