Medicare Supplement vs. Medicare Advantage (Part C): What’s the Difference?

Medicare Supplement vs. Medicare Advantage (Part C): What’s the Difference?

Let’s talk about Medicare Supplement vs. Medicare Advantage. If you’re feeling confused about whether to choose a Medicare Supplement Plan (Medigap) or a Medicare Advantage Plan (Part C) we’re here to break down the key differences between these two popular Medicare options, so you can decide which one best fits your needs.

• Covers Gaps: Helps with co-pays, co-insurance, and deductibles not covered by Original Medicare.
• No Network Restrictions: See any doctor who accepts Medicare.
• Guaranteed Renewal: Your plan renews as long as premiums are paid.

• All-in-One Coverage: Combines hospital, medical, and drug coverage in one plan.
• Predictable Costs: Set out-of-pocket limits to control expenses.
• Extra Benefits: May include additional perks like dental, vision, and fitness.

• Coverage: Medigap fills gaps in Original Medicare, while Medicare Advantage replaces it with an all-in-one plan.
• Cost: Medigap has higher premiums but fewer out-of-pocket costs; Medicare Advantage offers lower premiums and an out-of-pocket limit, but may have network restrictions.
• Flexibility: Medigap allows you to see any Medicare-approved doctor, while Medicare Advantage often requires using in-network providers.

• Health Needs: Do you need extra benefits like dental or vision?
• Budget: Would you prefer a higher premium with Medigap or lower premiums with Medicare Advantage?
• Provider Flexibility: Do you want the freedom to see any doctor, or are you okay with network restrictions?