Medicare Advantage Plan vs. Medicare Supplement

Is a Medicare Advantage Plan better than a Medicare Supplement?

Medicare Advantage Plans vs. Medicare Supplement Plans 

Medicare Advantage and Medicare Supplement plans provide additional coverage to its recipients to cover costs and health care that Original Medicare may not. Medicare Advantage and Medicare Supplement plans offer different coverage levels, are priced differently, and have various exclusions to who can apply for them. 

Medicare Advantage Plans 

Medicare Advantage Plans are all in one alternative to Original Medicare. Medicare Advantage plans provided by private companies approved by Medicare. If you select a Medicare Advantage Plan, you still have Medicare, but Medicare Advantage Plans typically include benefits that Part A and Part B do not cover. 

Some of this coverage includes: 

  • Regular vision visit, including eyeglasses, contacts, & eye exams
  • Regular hearing visits and including hearing aids
  • Routine dental visits and cleanings
  • Prescription drugs 
  • Gym memberships and fitness classes 
  • Meals delivered to you home
  • Transport to health care visits 
  • Additional other benefits 

Note that not every Medicare Advantage Plan offers all of these additional benefits. 

Those diagnosed with End-Stage Renal Disease usually are not eligible for Medicare Advantage plans. 

Some Medicare Advantage plans have premiums as low as $0 a month, though you will still pay your Medicare Part B premium. 

Medicare Supplement Plans 

Medicare Supplement plans to go alongside Original Medicare and help pay for out-of-pocket costs that are generally not covered by your Original Medicare. Original Medicare has no out-of-pocket maximum, so a Medicare Supplement plan can provide a safety net to protect you from paying high medical costs if you face an unforeseen health setback. 

Medicare Supplements will cover different percentages of coinsurance, copayments, deductibles, excess charges, and other costs. To determine which Supplement plan you need most, you need to decide which coverage you need most and what you are comfortable with paying as a premium.

Medicare beneficiaries under 65 years old have more limited access to Medicare Supplement plans, or may not enroll in any plan depending on their state. 

Most Medicare Supplement insurance plans have monthly premiums. The premium you owe will depend on the plan you choose and the state you live in. If you have any Medicare questions, give Temmen Insurance a call at 417-633-7200.

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