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Medicare Health Plans
Medicare Supplement Plans – Also known as “Medigap” plans, provide additional coverage beyond Original Medicare.
- Are only offered through private insurance companies
- Help reduce or eliminate out of pocket costs
Medicare Part D Plans – (PDP) Help cover the cost of prescription drugs. Are only offered through private insurance companies.
- Usually offered two ways: as a stand-alone plan to add to Original Medicare Parts A and B and to complement a Medicare Supplement Plan, and as part of a Medicare Advantage Plan (Part C).
Medicare Advantage Plans – (Part C) Help pay for hospital costs, doctor’s visits and other medical expenses. Some plans may also include built-in Medicare prescription drug coverage (Part D) often at no additional premium.
- May provide health and wellness benefits that Original Medicare does not cover
- Premiums are not based on age or health
- Have an out of pocket maximum that helps limit expenses