President, Streets Insurance Agency, 1234 Rhododendron Dr (POB 7000), Florence, OR 97439
It depend on what the insured prefers. Co-pays and a lower premium, or no co-pays, but the stability of a higher premium. The expected health of the insured should be a factor in deciding which is best. I like to add up the premiums for the supplement and see how it compares to the maximum out of pocket for the co-pays and any deductubles on the Advantage plan. Sometimes that helps people to see what might be best for them.
This depends a lot on the clients preference. Some like Medicare Advantage Plans because they have $0 or low monthly premium and prescription drug coverage can be included. However, these plans have large "max out of pocket" expenses and a person should know what that number is and compare it to other alternatives. There is also a network so you would need to make sure you stay within that network or risk paying more out of pocket. The network and benefits can change from year to year.
A Medigap Plan (Medicare Supplement Plan) has a higher monthly premium but little to no out of pocket. There is also no network so you can go to any doctor or hospital in any state. If they take Medicare, they take the Medigap Plan regardless of who the carrier is. Also, the benefits can not change from year to year and the person can keep the plan their entire life if they want. No referral needed to see a specialist.
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A Medigap Plan (Medicare Supplement Plan) has a higher monthly premium but little to no out of pocket. There is also no network so you can go to any doctor or hospital in any state. If they take Medicare, they take the Medigap Plan regardless of who the carrier is. Also, the benefits can not change from year to year and the person can keep the plan their entire life if they want. No referral needed to see a specialist.