What are the differences between medicare advantage and medigap plans?
Answer Hi Jack! I found this article on the Internet that will clearly explain the difference. Medicare Advantage and Medicare Supplement Plans provide additional benefits to your Original Medicare coverage. The benefits offered by each type of plan are similar, so if you are in a Medicare Advantage Plan, you likely do not need a Medicare Supplement (Medigap) policy. Both types of plans require you to be eligible for Medicare Part A and continue to pay your Medicare Bart B premium each month in order to participate. Medicare Advantage Plans are offered by private insurance carriers (such as Kaiser or PacifiCare) and can be Health Maintenance Organizations (HMOs), Preferred Provider Organization (PPO) plans, or Private Fee-for-Service and Specialty Plans. Generally, these plans provide all of the coverage of Original Medicare as well as extra benefits and services such as chiropractic, prescription drugs and hearing aids. Additionally, gym memberships, preventive care services, dental,
