Understanding the differences between Medicare Advantage vs. Medicare Supplement

Understanding the differences between Medicare Advantage vs. Medicare Supplement

The Medicare system can be overwhelming, and intimidating, especially since every year there are changes to the coverage. Most seniors struggle to understand all the various parts and plans involved with Medicare. And with the billions of dollars spent every year on advertising the plans, it certainly does not get any easier.

The first thing to understand is that there are two main options for your Medicare coverage. These options are Original Medicare (usually accompanied by a Medicare Supplement), which is made up of Part A (Hospital Coverage) and Part B (Medical Coverage), or Medicare Advantage, which is also known as “Part C.”

Most people that go the Original Medicare route also buy a Medicare Supplement, because there are large out of pocket costs with Original Medicare by itself.