Medicare Supplement Insurance Plan C – Medigap Plan C

Part C (Medicare Advantage Plans) – helps to cover what Part A and Part B do not cover. Medicare Advantage Plans are provided by private health insurers like the current HMOs and PPOs.   They must follow rules set by Medicare.  However, each Medicare Advantage Plan can charge different out-of-pocket costs and have different rules for how you get services.  Some may require a referral and most have restrictions on the network of doctors, facilities or suppliers that belong to the plan.  You must be check to make sure that current doctors and hospitals participant in the plan.  These rules can change each year.  Sometimes a prescription drug coverage plan is included with Medicare Advantage plans.  The Advantage plan will have their own “formulary” of prescription drugs, so it is important to make sure you know what your copay and coinsurance will be for your prescription drugs on an annual basis before you agree to the plan.  There are still copay’s, deductibles and coinsurance for Medicare Advantage plans.  Private insurers contract with and are subsidized by Medicare to provide these plans.  Medicare Advantage plans vary in premium and coverage.  New legislation has been initiated that will decrease the government subsidy to Part C providers over time.  This may result in increased copay’s, deductibles or coinsurance or in higher premiums.

Each insurance company must offer Medigap Plan C if they offer any Medigap policy in a state.  Even though the insurer decides which Medigap policies it wants to sell in each state, state laws might affect which ones they offer.

Listed below is the Chart showing Medicare Supplement Insurance Plan C – Medigap Plan C Benefits:

Medicare Supplemental Advisors is an independent insurance broker agency specializing in Medicare Supplement Health Plans including Dental, Vision, Hearing and Medicare Part D Prescription Drug Plans. Our fee is provided by the insurer that is selected and is not charged to the client.

Medicare Supplemental Advisors is not connected with or endorsed by the United States Government or with the Federal Medicare Program. Medicare beneficiaries are encouraged to seek professional advice from an independent licensed agent/broker that is authorized to provide multiple Medicare insurers before final plan selection.