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Comparing Medicare Advantage To Medicare Supplement
eTradeWire News/10789704
Nevada Insurance Enrollment Explains Medicare Advantage (part C) vs. Medicare Supplement (Medigap)
LAS VEGAS - eTradeWire -- Local Health Insurance Agent Shelly Rogers with Nevada Insurance Enrollment has been flooded with questions from her customers about the differences between Medicare Advantage and Medicare Supplement plans.
She explains that during The Medicare Annual Election Period (AEP), which is from October 15th through December 7th each year, many people may ask the question, "Do I want a Medicare Advantage Plan or a Medicare Supplement Plan (Medigap)?". To help someone answer that question, they have to know the differences between these two programs to make a good decision.
Medicare Advantage Plan (Part C)
Most (not all) Medicare Advantage plans have "Part D" which is prescription drug coverage built into the plan. A person's prescriptions can be covered with these type of plans called Medicare Advantage Prescription Drug (MAPD). It's important that you verify with your health insurance broker whether your very specific medications that are prescribed to you are covered under the health insurance plans' "formulary" (this is a list of covered medications each insurance company will cover under their plans). You'll pay different amounts with different plans. You'll need a very knowledgeable broker to help you research this. Don't just enroll into a plan without looking at ALL your plan options in Nevada. For example, one company prescription costs to you could be a couple hundred dollars compared to another company costs being $0.
More on eTradeWire News
Read the full article: https://www.nevadainsuranceenrollment.com/medicare/medicare-advantage-supplement-comparison/
Learn more: https://www.nevadainsuranceenrollment.com/health-insurance/
Nevada Insurance Enrollment
4260 W. Craig Road suite #150-A
North Las Vegas, NV 89032
(702) 898-0554
Website: NevadaInsuranceEnrollment.com
She explains that during The Medicare Annual Election Period (AEP), which is from October 15th through December 7th each year, many people may ask the question, "Do I want a Medicare Advantage Plan or a Medicare Supplement Plan (Medigap)?". To help someone answer that question, they have to know the differences between these two programs to make a good decision.
Medicare Advantage Plan (Part C)
Most (not all) Medicare Advantage plans have "Part D" which is prescription drug coverage built into the plan. A person's prescriptions can be covered with these type of plans called Medicare Advantage Prescription Drug (MAPD). It's important that you verify with your health insurance broker whether your very specific medications that are prescribed to you are covered under the health insurance plans' "formulary" (this is a list of covered medications each insurance company will cover under their plans). You'll pay different amounts with different plans. You'll need a very knowledgeable broker to help you research this. Don't just enroll into a plan without looking at ALL your plan options in Nevada. For example, one company prescription costs to you could be a couple hundred dollars compared to another company costs being $0.
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Read the full article: https://www.nevadainsuranceenrollment.com/medicare/medicare-advantage-supplement-comparison/
Learn more: https://www.nevadainsuranceenrollment.com/health-insurance/
Nevada Insurance Enrollment
4260 W. Craig Road suite #150-A
North Las Vegas, NV 89032
(702) 898-0554
Website: NevadaInsuranceEnrollment.com
Source: Nevada Insurance Enrollment
Filed Under: Insurance, Health Insurance
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