Medicare supplement plans vs. medicare advantage plans

What Is Medicare?

Medicare is a health insurance program which is provided by the federal government of the United States. People with certain health problems and conditions, who meet specific conditions, as well as people who are over 65 years of age all can get this insurance under certain conditions. All in all, this is the largest health insurance provider in the United States, and many people benefit from its existence and support.

Facts about Medicare

There are certain things which need to be true, for an individual to get Medicare health insurance. First of all, he or she has to have certain disabilities, or be over 65 years of age, as it was mentioned above. Additionally, all people who are in dire need of kidney transplantation or a dialysis meet the criteria as well.

Medicare health insurance consists of several different parts which you can choose. You can opt for Medicare Original, Medicare Advanced and Medicare Supplemental insurance plans. The latter are there to provide additional coverage the original plan is not taking care of, with the exception of Medicare Supplemental insurance plan which is provided by a third-party insurance company provided by Medicare. Similarly, Medicare Advanced insurance plan offers services of private insurance companies, but is, in some ways, different from the Supplementary insurance plan.

Difference between Medicare Advanced and MedicareSupplementary?

As far as differences between the two insurance plans are concerned, the first requires you to chose a completely different private insurance provider, opting not to use the Medicare Original insurance plan, while the second keeps the original plan, adding private insurance coverage to it, modifying it more to your likings.

All in all, by using Medicare health insurance, in any of its versions, you can have many of your health expenses covered by paying a regular, monthly fee. However, advanced and supplementary plans may involve greater expenses. Nevertheless, they both offer greater services and a wider coverage as well, giving one back his/her money’s worth and more. What is more, the two alternatives to the original Medicare plan can even prove to be a less expensive choice. Also, there are many subgroups and various additional options you may choose or take into consideration while opting for a certain type of a Medicare health insurance. After all, each private insurance company has its own policies and offers different coverage options. Therefore, choose carefully and cleverly, picking the best possible insurance, suiting your health needs completely.