A Medicare Advantage plan is a standalone plan that offers comprehensive healthcare coverage and lots of extra benefits. Medicare Advantage plans are an alternative to Original Medicare that provides all the same coverage as Original Medicare and then some. A Medigap plan covers some of the costs where Original Medicare falls short, including copays, coinsurance, and deductibles but most Medigap plans don’t give you any additional benefits. And coverage for services such as treatment at a skilled nursing facility may run out before a patient’s need for care does. Medigap, or Medicare Supplemental Insurance, plans help you fill in any “gaps” in your Original Medicare coverage.įor example, Original Medicare doesn’t cover most prescription drugs that people take at home. The difference between Medigap and Medicare Advantage plans is the type of coverage you’ll get. Medicare Advantageīoth Medigap and Medicare Advantage plans are offered by private insurance companies, and they’re both designed to cover individuals. Medicare Advantage plans so you can make the right decision about your Medicare coverage. We understand that these coverage options can be confusing. Or you could enroll in a Medicare Advantage plan, which may offer more comprehensive benefits at a lower cost. You could even enroll in a Medigap plan on top of your Original Medicare to lower your out-of-pocket costs. For example, you could enroll in Original Medicare and add a Part D plan to cover the cost of your medications. When it comes to Medicare, you have many coverage options.
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