Is Medicare Supplement or Advantage better?

Which Medicare Plan is better for you?

Is Medicare Supplement or Advantage better?

Depending on your situation, Medicare Supplement or Advantage may be better for you. First, we look at the benefits of Medicare Advantage plans and whether this may be right for you. Then we look at Medicare Supplement plans and who benefits the best from them. After reviewing Medicare Advantage and Supplements Plans, you will have a good idea of which option is best for you.

Medicare Advantage Plans

Many relatively healthy seniors prefer Medicare Advantage plans for three main reasons:

  • Low monthly premium and covers prescription drugs
  • HMO costs less and covers only in-network doctors and hospitals
  • PPO costs more and covers both in-network and out-of-network doctors and hospitals
  • “Pay as you go,” you will have copays for Medical Services: Doctor visits, Hospitalization, Lab Work, Advanced Imaging, etc.

Is a Medicare Advantage Plan right for you?

Medicare Advantage Plans may be more affordable, costing you less in premiums and deductibles when you don’t get sick or need hospital or medical services. However, when you do become ill and require hospital or doctor’s services, you could have expenses up to your maximum out-of-pocket limit of $7,550, depending on your plan. For example, with Medicare Advantage Plans, you will have copays whenever you use your plan. A Medicare Advantage Plan may be a good fit if you are willing to pay less every month at the risk of paying more when you need health coverage.

Discover the benefit and cost differences between PPO vs HMO. View our PPO vs HMO infographic.

Enroll or Change Medicare Advantage Plan

You can enroll or change Medicare Advantage (MA) Plan during Medicare Annual Enrollment. This Annual Election Period is from October 15 through December 7. Furthermore, you can make a 1-time change in your MA plan during Medicare Advantage Open Enrollment between January 1 and March 31.

Senior Healthcare Direct can help you find the right Medicare Advantage Plan. We can help you find an Advantage Plan that includes your doctors and medications. Discover how to change your Advantage Plan and get the most cost-effective price; please call 855-368-4717.

Medicare Supplement Plans

Many seniors with underlying health conditions or otherwise who need regular medical service prefer Medicare Supplement Plans for three reasons:

  • Fixed monthly premiums make your expenses more predictable
  • A nationwide network of doctors and hospitals gives you more flexibility
  • Does not cover prescription drugs (separate Part D plan required)
  • Plans may cover all hospital and medical expenses without copays or coinsurance

Is a Medicare Supplement Plan right for you?

Many seniors who use their health insurance prefer Medigap Plans. When you add up the cost of $1484 hospital deductibles in 2021, paid 100% by all Medicare Supplement Plans, a Medigap Plan could save you thousands over an Advantage Plan. For Medicare beneficiaries who have known health conditions, Medigap Plans allow you to budget your healthcare expenses and make costs more affordable.

Furthermore, Medicare beneficiaries with both health and money may want to pay for a Medicare Supplement so you can avoid medical underwriting should you become ill and want to upgrade your coverage later.

Best Medigap Plan for 2021

In a MedicarBob video, Robert Bache gives his recommendation for the best Medicare Supplement Plan for 2021. Discover a Medigap Plan that saves you on monthly premiums and is a better value than Plan F. Learn how Medigap Plans compare and which plan is best for you.

Helping You Choose a Medicare Plan

Senior Healthcare Direct can help you choose a Medicare Plan. You can speak with a licensed agent to discuss which plan is best for you. Call us toll-free at 1-855-368-4717 or get a quote.


Last Updated on May 11, 2021 by Brian Kondas