What are Medicare Advantage Plans?

Medicare Advantage Plans provide an alternative way to receive your Medicare Part A and Part B benefits, often including additional coverage. These plans can help you anticipate your annual healthcare costs by setting a maximum out-of-pocket limit on your spending—a feature not included with Original Medicare.

Alternatively, if you prefer to minimize copayments at the time of service, a Medicare Supplement (Medigap) policy might be a good fit. While Medigap plans typically involve a higher monthly premium, they generally cover many of the out-of-pocket costs that Original Medicare does not.

The best option for you depends on your specific healthcare needs. You are encouraged to take the time to discuss your options with a licensed insurance agent.