Medicare Made Simple

Medicare Advantage Plans (Part C) are private insurance alternatives to Original Medicare. They include hospital (Part A) and medical (Part B) coverage, often with extra benefits like dental, vision, and prescription drugs. These plans use provider networks and may have copays or coinsurance. 

Prescription Drug Plans (Part D) help cover the cost of medications and are offered by private insurers. Used with Original Medicare, these plans have drug lists (formularies), and costs like premiums, deductibles, and copays that vary by plan. 

Medigap plans are sold by private companies to help cover out-of-pocket costs not paid by Original Medicare, such as deductibles and coinsurance. They don’t include drug coverage, so a separate Part D plan is needed for prescriptions. 

Marketplace or ACA Plans are for people under 65 who need individual health insurance. Sold through federal or state exchanges, they cover essential services like preventive care, hospital stays, and prescriptions. Premiums may be income-based. 

Hospital Indemnity insurance pays a set amount per day or visit when you're hospitalized. It helps with expenses like deductibles, copays, or other out-of-pocket costs, providing extra financial support during a hospital stay. 

Dental & Vision Plans cover services not included in some health or Medicare plans. Dental covers exams, cleanings, and some procedures; vision covers eye exams, glasses, or contacts. They’re often optional or purchased separately.