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“What is the difference between a Medicare Medigap policy and a Medicare Advantage policy”? from Sarah in Greensboro. There are several differences, but the biggest difference  is a Medigap or Supplement policy is insurance purchased from an Insurance Company to offset the costs that Original Medicare A & B do not cover.  There are several different policies available in NC, and the only difference in the policies from company to company is how the insurance company prices the plans.  When choosing a Medigap policy, then you would also need to purchase a Medicare Part D plan from an Insurance company. 

A Medicare Advantage plan is considered a Medicare Part C plan.  They are offered through several insurance companies and usually consist of Parts A, B & D.  They either have a small cost or no cost.  These plans will be used in lieu of original Medicare. 

If you would like to know more about the differences in a Medicare Supplement and a Medicare Advantage plan, or if you need help evaluating your situation during the annual enrollment period, please feel free to call Melody Anderson, your local Broker at 336. 707.9308

Just a Cloud Away, Inc. ™Journal thanks you for this helpful summary Melody.

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