Differences Between Original Medicare and Medicare Advantage Plans

Also called Medicare Part C, Medicare Advantage plans are Medicare-approved private insurance plans that offer an alternative to Original Medicare. These plans combine coverage for hospital stays, physician visits, and other medical services in one comprehensive plan that offers all of the benefits provided by Medicare Parts A and B (except hospice care). Many Medicare …

Medicare Gaps: 7 Things You Won’t Be Covered for Without a Medicare Supplement Plan

While Medicare will cover most of your medical expenses once you enroll, it isn’t free healthcare, and it won’t pay for many treatments and services that you’ll likely need as you age. That is why so many seniors on Medicare also purchase private supplemental insurance coverage — also called Medigap plans — that can help …

More Seniors Expected To Enroll In Medicare Advantage Plans In 2023

Also called Medicare Part C, Medicare Advantage plans are Medicare-approved private insurance plans that offer an alternative to Original Medicare. These plans combine coverage for hospital stays, physician visits, and other medical services in one comprehensive plan that offers all of the benefits provided by Medicare Parts A and B (except hospice care). Many Medicare …

Medicare Part A and B Out-of-Pocket Costs for 2023

While Medicare covers a wide range of medical expenses, seniors enrolled in Medicare still need to pay some out-of-pocket costs. Just as you pay premiums, copays, deductibles, and other costs under your private health insurance coverage, you’ll need to do the same for Medicare. How much you will pay out-of-pocket during any given year depends …