Before choosing a plan we
want to be sure you know the difference between your many options; In
particular how Medicare Supplements and Medicare Advantage Plans differ.
Many people sign up for Advantage Plans thinking they are Supplements,
they are not.
A Medicare Supplement is used with original Medicare. Any
caregiver that accepts Medicare will take a Supplement because they only
need to bill Medicare. Medicare pays their part (generally 80% of
Medicare covered benefits) and sends the remainder of the bill to the
Supplement which pays their part (generally 20%). It is important to
note that Supplements do NOT include Prescription Drug Coverage (Part D,
PDP) and for those that do not get a PDP when first eligible there will
be a penalty when they do get a PDP. (there are exceptions to this) A
Medicare Supplement does not change year to year (although the cost does
generally go up the coverage does not change).