Medicare Advantage

Medicare Advantage, also known as Medicare Part C, is an all-in-one alternative to Original Medicare (Parts A and B). Offered by private insurance companies approved by Medicare, these plans bundle your hospital, medical, and often prescription drug coverage into one convenient plan. Many Medicare Advantage plans also include extra benefits not covered by Original Medicare, such as dental, vision, hearing, and wellness programs.

Medicare Supplement

Medicare Supplement plans, also known as Medigap, are optional policies that work alongside Original Medicare (Parts A and B) to help cover out-of-pocket costs like copayments, coinsurance, and deductibles. Offered by private insurance companies, these plans are designed to fill the "gaps" in Original Medicare, giving you more predictable healthcare expenses. Medicare Supplement plans don’t include prescription drug coverage, so you may want to pair them with a Part D plan for comprehensive coverage.

Prescription Drug Coverage

Prescription Drug Coverage, or Medicare Part D, helps cover the cost of your medications. Available through private insurance companies approved by Medicare, these standalone plans are designed to work with Original Medicare or some Medicare Advantage plans that don’t include drug coverage. Each plan has its own formulary (list of covered drugs), so you can choose one that best meets your medication needs. Enrolling in Part D ensures you’re protected from high prescription costs and helps you maintain access to the medications you need to stay healthy.