What is the difference between Medicare Supplement and Medicare Advantage plans?

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Medigap (also called “Medicare Supplement Insurance”) policies are health insurance sold by private insurance companies to fill gaps in Original Medicare coverage. Medigap policies don’t work with any other type of health insurance, including Medicare Advantage Plans, employer/union group coverage, Veterans Administration (VA) benefits, or TRICARE. Medigap policies help pay your share (coinsurance, copayments, or deductibles) of the costs of Medicare-covered services. Some Medicare Supplement policies cover certain costs not covered by Original Medicare.

Medicare Advantage Plans (like an HMO or PPO); run by private insurance companies approved by Medicare. Provide your Part A and Part B coverage, but can charge different amounts for certain services. May offer extra coverage and prescription drug coverage for an extra cost. Costs for items and services vary by plan. If you want drug coverage, you must get it through your plan (in most cases). You don’t need a Medicare Supplement policy.

If you have Medicare A&B, you are eligible to buy a Medicare Supplement or Medicare Advantage Plan.

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(800) 603-5099

Brindle Insurance Group is affiliated with a Utah based insurance Agency that has been in business for over 24 years. We are contracted with many of the national major Medicare advantage and Medicare supplement companies. We do business in all 50 states. We do not charge any fees or commissions to the consumer but we are paid directly by the insurance companies.

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Got questions about Medicare? Call Brindle Insurance Group at (800) 603-5099 to speak with one of our Licensed Sales Agents.