Medicare Advantage

Medicare Advantage Plans are a type of Medicare health plan offered by a private company that contracts with Medicare to provide all your Part A and Part B benefits. Most Medicare Advantage Plans also offer prescription drug coverage. If you’re enrolled in a Medicare Advantage Plan, most Medicare services are covered through the plan. Your Medicare services aren’t paid for by Original Medicare.

Medicare Supplement

Medicare Supplement Insurance Plans help fill “gaps” in Original Medicare and is sold by private companies. Original Medicare pays for much, but not all, of the cost for covered health care services and supplies. A Medicare Supplement Insurance (Medigap) policy can help pay some of the remaining health care costs.

Dental & Vision

Original Medicare does not provide coverage for regular dental, vision, or hearing expenses. However, some Medicare Advantage Plans may offer partial coverage for these costs. Private insurance companies offer insurance and discount plans to assist with these expenses. These companies determine the specifics of the coverage, deductibles, co-pays, and premium costs. It's important to note that some plans may have exclusions for pre-existing conditions.

Part D - Prescription Drug

Each plan that offers prescription drug coverage through Medicare Part D must give at least a standard level of coverage set by Medicare. Plans can vary the list of prescription drugs they cover (called a formulary) and how they place drugs into different “tiers” on their formularies.