Medicare Plan Options
Medicare plans can be tailored to fit your needs, though most individuals choose the inclusive packages of Original Medicare and Medicare Advantage. While Medigap is supplemental to fill in for additional costs that may arise. Consumers can pick a plan based off of their personal needs. Medicare is not a one size fits all. It is important to speak with a licensed broker to understand plan options. These plans are available to members through Achieva Medicare Plans.
- Original Medicare (Medicare Part A + Medicare Part B) – this is given to everyone
This is the simplest and most basic form of Medicare. Those who opt for this program receive Medicare Part A (Hospital Insurance) and Medicare Part B (Medical Insurance). Original Medicare pays for a wide variety of services, but the entire cost of services and supplies may not be covered. If it is not, this is an opportunity to add Medicare Part D (Prescription Drug Coverage), Medicare Supplement Insurance (Medigap).
- Medicare Advantage (Medicare Part C)
Known as ‘Medicare C’, Medicare Advantage is an all-in-one alternative to Original Medicare. Provided through a private company, Medicare Advantage is bundled to include Part A, Part B, and usually Part D. Additionally, this plan may offer extra benefits that Original Medicare doesn’t cover like health and wellness programs, vision, hearing, and dental services.
- Medicare Supplement Insurance (Medigap)
Medicare Supplement Insurance helps fill “gaps” in Original Medicare and is sold by private companies. Original Medicare pays for much, but not all, of the cost for health care services and supplies. It can help pay for some remaining healthcare costs including: copayments, coinsurance, deductibles.
- Part D
Drug Coverage - elps cover the cost of prescription drugs. You join a Medicare drug plan in addition to Original Medicare, or you get it by joining a Medicare Advantage Plan that has drug coverage included. Plans that off Medicare Drug coverages are run by private insurance companies that follow set rules by Medicare. See more below.
Were do I get signed up for Medicare?
Medicare is our country’s health insurance program for people age 65 or older. You’ll sign up for Medicare Part A and Part B through Social Security, so you can make both retirement and Medicare choices and withhold any premiums from your benefit payments.