Medicare Advantage

Private insurance companies (Humana, Aetna, United Healthcare, etc.) contracted by Medicare to provide this coverage. This is an alternative to original Medicare.

  • Medicare Advantage Plans are NOT Medicare Supplement insurance plans
  • Medicare Advantage Plans are available as HMO, PPO or PFFS
  • All Medicare Advantage plans offer maximum out of pocket protection
  • These plans must cover all benefits of Original Medicare
  • Can include Medicare Part D prescription coverage
  • Can include vision, dental, and hearing
  • Also known as Medicare Part

Medicare Supplements

Goes with original Medicare and helps cover some of the cost Original Medicare doesn’t pay, such as coinsurance (20%) and deductibles.

  • Can go anywhere and to any doctor as long as they take Medicare patients
  • Does not include prescription coverage. Need to purchase a stand-alone drug plan (Part D)
  • Guaranteed to renew every year even if you have health issues, as long as you pay the premium
  • Also known as Medigap coverage
  • These plans help cover the Medicare Part A and Part B deductibles as well as Medicare coinsurance

Medicare Part D

Available to all that have a minimum of Medicare Part A and/or enrolled in Part B. Medicare prescription drug plans (Part D) are only available from private insurance companies that have been approved by Medicare to offer them.

  • Usually has a formulary (list of covered drugs).
  • Most have preferred pharmacies to help save you money
  • Available as a stand-alone drug plan (Part D) or can be included in a Medicare Advantage.
  • If you have a plan that already includes Part D you cannot buy a stand-alone drug plan (Part D) .

Additional Plans Offered

  • Dental
  • Cancer
  • Life Insurance
  • Hospital Indemnity
  • Vision
  • And More!