Medicare Advantage vs Medicare Supplement Cost Comparison (2024)

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Please call my office for free, unbiased assistance. We would love the opportunity to help you if we can! [phone]

#medicare #medicaresupplement #medicareadvantage #medigap #turning65

[davidleong]

Stephanie, I’ve listened to many Medicare channels and became completely confused but then you came along! You have a wonderful gift in communion that is clear, concise, AND organized. THANK YOU 🙏🏽!!!

[mrcet]

My mom has a Medicare Advantage (HMO) plan. A few of her doctors (not in general, but a few) have a bit of a “herd them through” care-en-masse mentality: Check in, fill out a whole lot of Liability-related forms, wait an hour, see a nurse for 5 minutes, then a doctor for five minutes, then get out of the office so they can treat the next >80-year-old.

Again, only a few are like that, but enough to be a little frustrating. I gather there aren’t many other treatment options.

[umrsodt]

I work at a hospital. We have issues with getting approvals for rehabs, home health companies not accepting them. There are many barriers with them. Not approving lower level of care, denials. Good luck if you go out of network. Stick with traditional Medicare with a supplement. We call them Medicare Disadvantage Plans. Plus you still get charged for your Part B, around $168.00 a month.

[pamcollins]

An advantage plan is ok if your healthy. Last year I had the advantage plan and had so many copays. Also had a lot of test. Very expensive. Went back to Medicare and medigap plan. It was the best thing for me. Thankfully my health had improved. Thank you for helping people like you do. Listening from NC.

[freeandfancy]

We left the dinosaur Red/White/Blue Medicare in 2019. Providers were abusing the deductibles owed on Jan 1 of every new year. You either pay it up front at first visit or you aren't seen. TRUE STORY! We talked to our Agent and he went over everything with us for several hours after he closed his office. We even have Dental and Vision now. Nothing ever stays the same but for now we're happy with our Advantage plan.

[chuckweatherstone]

Thanks! Your explanation is very clear and easy to follow. I might add that we need to remember that our medical needs will likely increase iver the years beyond 65. I chose plan G for the anticipated greater needs down the road, not for my current needs.

[jayf]

Great helpful info. My wife and I are coming up on 10 years on our UHC AARP Advantage Plan and it's worked fine for us. The premium is $19 month each. We're healthy and have very little out of pocket expenses with this plan. And over this nearly 10 years, we've saved thousands on supplement premiums. Whatever meds we've needed have been covered enough to make the cost minimal. And we like the eye and dental coverage. Over our nearly 10 years, we've saved nearly $30, 000 versus Plan G. We're comfortable with our ability to meet the maximum annual OOP expense should something bad happen. And we set the premium savings aside should we need it down the road. Everyone is different. There is no one size fits all.

[briancunningham]

I've been a patient of a Medicare Advantage plan since 2020 and have been treated for my cancer since then. I have had nothing but a wonderful experience with my doctors and treatments.

[penguinsfan]

I have seen a lot of comnents complaining about Medicare Advantage.
In 1995 I helped my 81 year old grandmother switch from her Medigap plan that cost her over $400 each quarter to a $250 per year MA plan with dental, vision and hearing. She kept her PCP and her local hospital. It served her, and my other aged relatives through their lives.
Medicare Advantage plans vary greatly around the country and even within states. You need to see what is covered and additional costs, if any. It pays to research.

[GunnyPhillips]

Thank you so much for this. Easily the most clear and comprehensive explanation I've heard.

[warrenphelps]

Very helpful. I would include in your presentation that there is a penalty for not taking Part D (drug plan) when you first become eligible ( starting on Medicare) and then later decide to take Part D. You would then have the penalty plus the monthly premium for the Part D plan.

If you want to switch from an Original Medicare -Supplement Plan to a different supplement plan you do mention the medical underwriting. The company has several options- they can deny you coverage ( based on your medical needs), they can accept you but in turn charge a higher premium or accept you but delay coverage for the first three months of the year. These were options presented to me when I considered switching my original supplement plan.

[anthonyscott]

Just discovered your videos earlier today as I’m preparing to start training on Monday to become a Medicare Agent. His is the third video of yours that I’ve watched and think you are an excellent source of information! I’d like to note one thing though. In this video, you describe in detail the various parts of Medicare until you get to the white board. At the white board, as you’re totaling up the monthly and annual costs, you added plan G for the first time, and you didn’t explain what plan G was. This is about the 8:30 mark. Hopefully you’ll go into it later in the video and I should have waited till the end to comment. Anyway, love your videos.

[WisconsinWanderer]

Thank you Stephanie this was extremely helpful information btw your white board reminds me of Katie Porter and that is a good thing 😊

[JBoya]

The freedom to choose doctors and that the doctor, not the insurance company, deciding the course of treatment is why we went with traditional Medicare. We had enough with insurance companies defining which doctors we could see, having to change doctors when a medical group dropped out of their deal with the insurance company, and insurance determine which treatment we received.

[joannejohnson]

I have been in healthcare 30+ years and hve trained mcare to employees. You did a good job presenting this information.

[Sticks]

I have Medicare PPO and it is Dual Complete along with Medicaid. I have had astronomical medical bills. Literally millions. I have not paid a dime and love it. I understand that is majorly changing for 2025.

[steveg]

Pros and cons, my brother whom started with a gap plan and is now 80 is paying a lot as his premiums have increased over the years

[rangelet]

This is a very refreshing video and the approach you take to illustrate the information. I’m 54 and I’m a long ways away from making these decisions, but I am gaining valuable knowledge through your east to follow videos, not to mention some of the well thought out comments some folks leave sharing their experiences. Thank you.

[seriouslyyoujest]

I have some time to decide, fortunately my Oregon OHP will pick up all costs, and Deductibles, not covered by Medicare. ( a few years away, but I sure love Oregon OHP, which covers all costs 100%)

[jilianfreund]

I really like all of your videos. So straight forward and easy to understand. It helped me a lot!! From Texas