Medicare Supplements: sometimes called “Medigap” insurance, help pay for the things traditional Medicare doesn’t. Medicare Supplemental Plans are standardized and are identified in most states by letters. Although the plans are standardized (as an example, a plan F will always have the same benefits), insurance carriers can charge different rates for these plans, so it can be helpful to shop around. If you live in Massachusetts, Minnesota or Wisconsin, Medigap plans are standardized in a different way.
Medicare Advantage plans (Part C)
Medicare Advantage (Part C) plans are run by private insurance companies and combine Medicare Parts A (hospital coverage) and B (doctor coverage) plus additional benefits all in one plan. Many plans also include prescription drug coverage and are known as MA-PD or Medicare Advantage with Prescription Drug plans. Medicare Advantage plans may come with no additional premium beyond what you already pay for Medicare Part B. To be eligible to enroll in a Medicare Advantage plan, you must have Original Medicare (Parts A and B) and continue to pay your Medicare Part B premium each month, unless it is otherwise paid for under Medicaid or by another party, and live in the plans service area.
Find the right plan for your needs
You don’t have to be a licensed agent to find coverage that fits your needs. Just answer a few questions, and we’ll help simplify the process and give you options to choose from or you can explore coverage options on your own.