Medicare Advantage and Medigap are both supplemental options to the original Medicare plan. This can be very overwhelming while making a decision on which choice is appropriate for you. Some people find that the original Medicare doesn’t cover enough of the healthcare cost based on the care they require.
Get a quote for a 2019 Human plan at https://www.medicareadvantageplans2019.org/humana-medicare-advantage-plans-2019/
Medicare advantage also known as Medicare part C will always give you the same coverage you get with original Medicare plus a lot more. With this plan, it will help you lower the cost which has lower deductibles, predictable copayments and out-of-pocket maximums. It may as well include extra services like prescription drug coverage, gym, and dental membership.
On the other hand, Medigap plans always work together with your original Medicare to help you pay for almost all of your out-of-pocket costs such as deductibles, copayments, and coinsurance that original Medicare doesn’t cover. Furthermore, the Medigap plan gives you more flexibility when it comes to which doctor to visit because you can visit any so long as they accept Medicare.
Medicare Advantage plans have a relatively low monthly premium whereas Medigap you’ll pay a higher monthly premium than you would with a Medicare Advantage plan. Furthermore, with Medigap, you’ll spend less or nothing when you get Medical care.
Advantage plan includes a prescription drug coverage while Medigap drug plan doesn’t include prescription drug coverage. Therefore, you will need to purchase part D prescription drug plan.
If you aspire to enrol in a Medicare advantage plan, this should be done three months before your birthday month and ends three months after. Therefore, you are in a position to chanage your project during the Annual Enrollment Period (AEP) which runs from October 15 to December 7.
However, to enrol in a Medigap plan, it has a six months open enrollment period which starts the month automatically you turn 65 and are enrolled in Medicare part B.
Medigap and Medicare Advantage plans can help you make your insurance coverage more manageable as you age and you may have the opportunity to use more medical services.