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. Let’s 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 medicareMedigap 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@simplerhorizons.com