If you are 65 or older, knowing about the gaps in your Medicare coverage is extremely important. Original Medicare, Part A and Part B, may not give you all the health care benefits you need; however, you can pursue other avenues to get yourself sufficient coverage that will prepare you for any health deficiencies that may come your way.
Instructions
Options to Avoid Gaps in Medicare
1. Supplemental Medicare Insurance
One of the best options to fill the gaps in your Medicare coverage is to invest in a supplemental Medicare insurance, or Medigap. Twelve standardized Medigap plans exist and must be purchased from a private insurance company in your state. Find the plan that is right for your health needs and choose an insurance company that offers you that plan at a price you can afford.
2. Medicare Advantage Plans
If you are a Medicare beneficiary, you are enrolled in Medicare Part A and Part B. Medicare Part C, known as a Medicare Advantage Plan, is similar to Medicare Supplement Insurance in that you must purchase it from a private insurance company. Some Medicare Advantage Plans might provide prescription drug benefits, which newly purchased Medigap policies don't cover.
3. Medicare Part D
Medicare beneficiaries who enroll in Part D of Medicare can receive prescription drug coverage. These plans are also run by private insurance companies and can be utilized by those with Medigap policies.
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