Medicare Part C (Medicare Advantage) vs. Medicare Plan C (a Medigap Option)
The Medicare terms “Part C” and “Plan C” sound enough alike to be the source of misunderstanding. If you are uncertain about the meanings of “Part C” and “Plan C,” here is a quick reference:
- Part C is a Medicare Advantage Plan (MA). Medicare Advantage plans are comprehensive plans that provide all your Part A (Hospital Insurance) and Part B (Medical Insurance) coverage. Medicare Advantage Plans may offer extra coverage, such as vision, hearing, dental, and/or health and wellness programs. Most include Medicare prescription drug coverage (Part D).
- Plan C is one of the ten standardized Medigap plans offered in most states. These plans are designed to fill in the gaps between approved Medicare costs and the 80% of those costs that Medicare Part B pays. Medigap insurance Plan C is one of the most comprehensive of the 10 standardized Medigap insurance plans available. Only Medigap Plan F offers more coverage. Medigap Plan C covers most Medicare-approved out-of-pocket expenses.
Before you buy any Medigap or Medicare Advantage plan, you should carefully evaluate the cost, coverages, limitations and any additional features offered by the plan. Two of the OurSeniors.net Family of partners and Approved Vendors can help. Here is their contact information: