Comparing Medicare Advantage vs. Medigap

Here are some key features to compare between Medicare Advantage and Medigap:
Plan features Medicare Advantage Medicare Supplement Coverage Includes Original Medicare Parts A and B, plus extra benefits, such routine dental, vision, hearing and fitness services Helps fill the “gaps” in Original Medicare, covering the out-of-pocket costs Parts A and B don’t Enrollment There are specific enrollment periods during the year when you can enroll in or switch to a different Medicare Advantage plan You can apply to buy a Medigap plan any time after you turn 65 and join Part B Doctors and hospitals You may be required to use in-network doctors and hospitals You can see any doctor nationwide that accepts Medicare Referrals May need referrals for specialists No referrals necessary Costs Lower premiums but has copays Higher premiums but little to no copays Prescription drug coverage Can be included in a Medicare Advantage Prescription drug plan (MAPD) Not included, you’ll need to buy a Part D plan Medical underwriting All health conditions accepted, including ESRD No medical underwriting if you apply during your Initial Enrollment Period (starts 3 months before the month you turn 65, and ends 3 months after)