Compare Medicare Options

Understanding Medicare can be overwhelming, especially for new Medicare beneficiaries. When it comes to choosing the best Medicare plan for your needs, comparing options can save you money and time.

Original Medicare

With Original Medicare, you get Medicare Part A (hospital insurance and inpatient coverage) and Medicare Part B (medical insurance and outpatient coverage). The cost of Medicare benefits depends on the coverage options you choose. Most Medicare beneficiaries can expect to pay for at least part of their coverage. Medicare Part A offers premium-free coverage for most people, while Part B typically requires a monthly premium.

When it comes to Original Medicare, you have a couple of options. You can either enroll for Original Medicare alone or enroll in Original Medicare and a Medicare Supplement plan. You also need to consider if you need prescription drug coverage.

Medicare Advantage Plan Options

Medicare Advantage (Medicare Part C) plans cover the same benefits as Original Medicare, including additional benefits. Most Medicare Advantage plans cover prescription drug benefits. Some Medicare Advantage plans also cover benefits such as vision care, hearing care, dental care, and fitness benefits. Generally, Medicare Part C plans use a provider network, which are most common with a Health Maintenance Organization (HMO) Plan or a Special Needs Plan (SNP).

Some Medicare Part C plans require a monthly premium, while others have $0 premiums. Because of the cost and coverage factors, it would be best to compare each plan to choose the right Medicare Advantage plan for you.

Medicare Supplement Plan Options

Medicare Supplement plans, also known as Medigap plans, help cover out-of-pocket costs associated with Original Medicare, including coinsurance, deductibles, and copayments. Some Medigap plans target other healthcare costs, such as foreign travel emergency care, excess charges, and more. There are 10 Medigap Supplement plans available to new Medicare beneficiaries and are labeled A, B, C, D, F, G, K, L, M, and N. Each plan provides a different level of coverage, ranging from basic to comprehensive.

Keep in mind that Medicare Supplements do not work with Medicare Advantage plans. This means if you are enrolled in Original Medicare and have a supplement plan but want to switch to a Medicare Advantage plan, your supplement coverage will be dropped.

Medicare Plan D Options

This plan is available in two ways. Original Medicare doesn’t cover prescription drugs. So, if you have it, you’ll have to sign up for a stand-alone Medicare Part D Prescription drug plan. If you have Medicare Advantage, you can get prescription drug benefits by enrolling in a Medicare Part C plan that provides Part D prescription drug coverage. Medicare Part D plans are expected to cover at least two prescriptions from each drug class, as well as cover all prescriptions from these specific classes:

  • Anticancer
  • Immunosuppressants
  • Antidepressants
  • Anticonvulsants
  • Antipsychotics
  • HIV/AIDS drugs
  • Common vaccines

We understand that transition to Medicare can be a confusing process. But with Avila Medicare Solutions in Austin, Texas, it doesn’t have to be. We specialize in assisting Medicare beneficiaries with the enrollment process from start to finish so that you can be more confident in your Medicare decisions. Give us a call today so you can find the plan that fits your needs!

Don’t wait. Give us a call now at 855-GO-AVILA, and we will answer any questions you may have.