Medicare Advantage vs. Medigap: What to Know? - PowerPoint PPT Presentation

About This Presentation
Title:

Medicare Advantage vs. Medigap: What to Know?

Description:

Simpler Horizons Insurance Solutions is a medicare Medigap agency in Los Angeles that will assist you in choosing the right medical plan for yourself. – PowerPoint PPT presentation

Number of Views:3
Slides: 7
Provided by: marryjamess
Category: Other

less

Transcript and Presenter's Notes

Title: Medicare Advantage vs. Medigap: What to Know?


1
Medicare Advantage vs. Medigap What to Know?
  • Many private insurers sell Medicare Advantage
    and Medigap policies, but a few significant
    distinctions still exist. Medigap is a supplement
    that fills the gaps by covering out-of-pocket
    expenditures associated with Original Medicare.
    In contrast, Medicare Advantage plans replace
    Original Medicare and typically give more
    coverage. You can purchase either one or the
    other, but you cannot have Medigap coverage and a
    Medicare Advantage plan. Lets learn more
    about Medicare Medigap Los Angeles

2
  • What is (MA) Medicare Medigap Los Angeles?
  • Medicare Advantage and Medicare supplemental
    insurance (Medigap) function is the most
    significant distinction.
  • Medigap is meant to make up for some gaps (also
    known as cost-sharing) left by Original Medicare,
    such as coinsurance, copayments, and deductibles.
    On the other hand, Original Medicare covers 80
    percent of Medicare-covered services such as
    physicians' visits, outpatient medical
    treatments, and supplies.
  • Medicare Advantage programs replace Original
    Medicare. These plans, sold by commercial
    insurers, include everything that Original
    Medicare covers plus additional dental and eye
    care services, which traditional Medicare does
    not cover.

3
  • Most Significant Differences Between Medicare
    Advantage and Medigap 
  • Doctors' Choice
  • Medicare Advantage requires you to see providers
    who are part of the plan's network or pay a
    higher out-of-pocket cost.
  • You can utilize any doctor or hospital that
    accepts Medicare if you have Medigap coverage.
  • Costs 
  • On top of your Medicare Part B payment, you'll
    pay an average of 19 per month for Medicare
    Advantage in 2022.
  • In 2022, the average Medigap premium will be
    1,956 per year (163 per month).
  • Coverage
  • Medicare Advantage provides coverage for Medicare
    Parts A and B and other services such as vision,
    dentistry, hearing, and prescription medicines.

4
  • Simpler Horizons Insurance Solutions is a
    medicare Medigap agency in Los Angeles that will
    assist you in choosing the right medical plan for
    yourself. Simpler Horizons Insurance Solutions
    has insurance agents in Los Angeles that will
    explain which program will be the best for you.
    Visit our website for further information. 

5
  • Contact Information
  • address
  • 145 S Fairfax Ave 200, Los Angeles
  • Phone
  • (866) 900-1957
  • Fax 310-492-8987
  • email
  • admin_at_simplerhorizons.com

6
(No Transcript)
Write a Comment
User Comments (0)
About PowerShow.com