Your Medicare Benefits

Whether you're new to Medicare for the first time or currently looking at open enrollment or thinking about switching, here are some important points for you to understand.    Understanding the Key Differences Between Medicare Advantage Plans and Medicare Supplement Plans  There are several ways that you can receive your Medicare coverage, or add onto that coverage. Medicare Supplement Plans and Medicare Advantage insurance are options that may sound similar but are quite different. One main thing they do have in common: private insurance companies such as United Healthcare, Blue Cross Blue Shield, Humana, AETNA and most others offer both. Medicare Supplement plans protects people who buy traditional Medicare from the additional costs they might pay. The supplemental plans charge an additional premium to what a person may already pay for Medicare Parts A (many people get this free), B, and D. Medicare Supplements Plans have various plans lettered A, B, C, D, F, G, K, L, M, and N. Medicare standardizes