Medicare Options

MEDICARE OPTIONS – CHOOSE HOW YOU GET YOUR MEDICARE COVERAGE

Medicare is confusing and complicated to most people. As your trusted licensed brokers at Medicare Sharks, our goal is to help you choose the plan that fits your individual needs.  Call us today to discuss your options in further detail.

There are 2 main ways to get Medicare coverage: Original Medicare (Parts A & B) or Medicare Advantage (also known as Part C).

Option 1 – Original Medicare (Parts A & B)

• Original Medicare includes Part A (hospital) & Part B (medical).
• You can join a separate Medicare drug plan (Part D) for prescription coverage.
• You can visit any doctor or hospital that takes Medicare, anywhere in the US.
• Usually you don’t need a referral to see specialists.
• You can also add supplemental coverage (also known as Medicare Supplement or “Medigap”) to help pay your out of pocket costs (20% coinsurance, deductibles, copays, etc.)

Option 2 – Advantage Plan (Part C)

• Coverage is offered from Medicare-approved private companies that replace your Original Medicare.
• Instead of having Medicare as your primary, now the Advantage plan becomes your primary payor.
• Medicare Advantage is an alternative to Original Medicare for your medical and drug coverage.
• These plans always include Part A & Part B and sometimes Part D.
• You can only use providers that are in the plan’s network or else you may pay higher costs or may not be covered at all.
• Usually you need prior authorization before getting services or drugs.