Medicare Advantage vs. Medicare Supplement – Which One is Right for You?

Navigating Your Medicare Options

Choosing the right Medicare plan can be overwhelming, especially when deciding between Medicare Advantage (Part C) and Medicare Supplement Insurance (Medigap). Both offer valuable coverage but serve different purposes. Let’s break down the key differences so you can make an informed decision.

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Medicare Advantage (Part C) – All-in-One Coverage

Medicare Advantage plans are offered by private insurance companies and combine hospital, medical, and often prescription drug coverage into one plan. Many also include extra benefits like:

✔ Dental, vision, and hearing coverage

✔ Gym memberships & wellness programs

✔ Transportation to medical appointments

Pros of Medicare Advantage:

✔ Lower monthly premiums than Medigap in many cases

✔ All-in-one convenience (hospital, medical, and drug coverage in one plan)

✔ Additional perks like dental, vision, and fitness benefits

Cons of Medicare Advantage:

❌ Network restrictions – You may need to see in-network providers

❌ Copays & coinsurance – You pay as you go for services

❌ Referrals may be required for specialists in some plans

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Medicare Supplement (Medigap) – Filling the Gaps in Original Medicare

Medicare Supplement plans help cover out-of-pocket costs like deductibles, copayments, and coinsurance that Original Medicare doesn’t pay.

Pros of Medigap

:✔ Freedom to see any doctor who accepts Medicare – No network restrictions

✔ Lower out-of-pocket costs – Covers copays and deductibles

✔ Predictable costs – Helps avoid unexpected medical expenses

Cons of Medigap:

❌ Higher monthly premiums than Medicare Advantage

❌ No built-in prescription coverage – You must enroll in a separate Part D plan

❌ Doesn’t cover extra benefits like dental, vision, or fitness programs

Which Plan is Right for You?

• If you want lower upfront costs and extra benefits, a Medicare Advantage plan may be a good fit.

• If you prefer freedom to choose providers and lower out-of-pocket costs, a Medicare Supplement plan might be better.

Every situation is unique, so it’s important to compare options based on your healthcare needs, budget, and lifestyle.

📞 Need help choosing? Call 727-513-1000 for a free consultation!