When it comes to choosing new Medicare coverage, you’ve got lots of choices. The best thing you can do is talk to a licensed sales agent about your options to make sure you choose the right plan for you.
Here’s a quick breakdown of 3 types of Medicare plans available to you:
Medicare Advantage Prescription Drug Plan (MAPD):
MAPD plans are designed to be an alternative to Original Medicare. They combine hospitalization (Medicare Part A) and coverage for doctor’s visits (Medicare Part B), but also provide prescription drug coverage. Some MAPD plans offer additional benefits too, like dental and vision coverage. Although sold by private organizations, MAPD plans are still regulated by Medicare.gov.
Supplement plans, also known as a Medigap, are designed to fill the gaps in coverage in Original Medicare, such as deductibles, copayments, and overseas emergency health coverage. These plans are not stand-alone – you need to be enrolled in Original Medicare for your hospital and medical coverage.
Prescription Drug Plan (PDP):
A PDP plan is a stand-alone plan that only covers prescription drugs. Original Medicare and some Medicare Advantage plans don’t include Rx drug coverage, so you may need to add a PDP plan onto the health plan that you choose.
To learn more about your Medicare options, call 1-888-742-6086 (TTY: 711) to connect with a licensed sales agent or click here to schedule your free Medicare plan review.