Medicare is a health insurance program that provides coverage to millions of people aged 65 and older and some younger people with disabilities. There’s always a question about Medicare Original or Medicare Advantage; these are two main options within the Medicare program, each with its own features, advantages, and limitations.

Understanding the differences between them can help beneficiaries choose the option that best suits their healthcare needs.

Medicare Original:

Medicare Original, also known as Part A and Part B, is administered by the federal government. It offers basic coverage that includes hospitalization (Part A) and outpatient medical services (Part B) respectively, but typically only covers 80% of the costs. Medicare Original beneficiaries have the freedom to choose their healthcare providers and are not restricted by a provider network.

It does not include coverage for medications; for that, there’s Part D.

Medicare Advantage:

On the other hand, Medicare Advantage, or Part C, combines Parts A, B, and often D into a single plan offered by private insurance companies approved by Medicare. Although it offers the convenience of consolidated coverage, beneficiaries are usually restricted to a provider network and may incur copays for services.

One of the main differences between Medicare Original and Medicare Advantage is how costs are structured. Medicare Advantage plans often have lower monthly premiums than Medicare Original, but they may have higher copays and coinsurance for services used.

The best choice depends on the individual needs of each beneficiary regarding costs, benefits, and healthcare preferences.

Do you want to acquire Medicare? Contact now a licensed agent for more information at 786-453-8070.