There are many differences between Original Medicare and Medicare Advantage plans in Florida. To understand these differences is another story.
Nationwide, people are moving to Florida to retire. With warm climate all year around and sandy beaches, you can’t blame them. With retiring or reaching the age of 65 years old comes planning. One thing often overlooked is Healthcare. Many people just believe they get enrolled in Medicare and that’s it. However, Medicare comes with many gaps in coverage such as dental and vision. Don’t worry, you have options. You can stay on Medicare and get a supplemental plan or enroll in Medicare Advantage.
With original Medicare, your benefits come from the Federal Government. Original Medicare comes in two parts, Part A and Part B. Medicare Part A is your hospital insurance. Whereas Medicare Part B is your medical insurance that covers medical services and supplies.
Many seniors on original Medicare may pick up a supplemental plan. Medicare supplemental plans pick up Medicare’s co-insurance amounts. They also pick up Medicare Part D plan to assist with prescription costs. These plans do have their own premiums, which would be in addition to the Part B premium of $144.60 a month.
An alternative plan you might want to take a look at is the Medicare Advantage plans in Florida. These plans provide Medicare benefits through a private-sector health insurance carrier. Original Medicare comes with many different parts. Whereas, Medicare Advantage is like having an all-in-one healthcare solution. Medicare Advantage looks and works very much like what many people had under employment or group coverage.
