Showing posts from May, 2016

Medicare Advantage Vs Medigap

Medigap Vs Medicare Advantage – What Should You Choose?As a broker I’m always asked “what should I choose, an advantage plan or a Medigap plan?” My answer is simple. “There is no right way or wrong way, you have to choose what’s best for you, but I will outline both plans so you can make the best choice that fits your needs.” Based on that I will make recommendations to my prospects after an extensive Q&A of their current health and what they like or don’t like. Let’s take a few minutes to go over the differences right now.Medicare Advantage PlansWhen choosing a Medicare Advantage plan you must realize you are giving up your Medicare as your primary insurance. Meaning the Advantage plan takes over for Medicare and makes all the rules regarding your health care and sets forth cost sharing, such as copays for doctor and specialist visits, impatient hospital care which can usually cost a couple of hundred dollars each day you are hospitalized, X-rays, lab services, outpatient procedu…