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No. Part D coverage is the same with Medicare Advantage or with a stand-alone prescription drug plan. Both options will have the Donut Hole. You may or may not hit the donut hole, depending on the medications you take.
Learn More: What is the Donut Hole?
People Also Read: When is the Medicare Advantage Open Enrollment Period?
Medicare is not simple and can be hard, frustrating, and downright confusing for most. I love when I get someone on the phone and I am given the opportunity to explain the difference in plans to them and have Medicare make sense. I enjoy talking to clients year after year, hearing about their families growing or them asking about mine.
-Melissa
Oh my gosh!! I was so confused about the Medicare Supplement process. I am turning 65 soon and am retired and have always had insurance thru my former employer. I didn’t know a thing about going on Medicare and was struggling to sort it all out.
A friend of mine recommended contacting Senior HealthCare Solutions, so I did. Melissa was FANTASTIC!! She was professional, responsive, caring and friendly. She explained the steps I needed to take, gathered my information, helped me choose good plans for MY specific needs and took care of my applications over the phone. 1-2-3, eesy-peesy and I was done!! And it didn’t cost me a DIME!!! WOW!!! I HIGHLY recommend Senior Healthcare Solutions for anyone who’s overwhelmed with making the right choices with Medicare Supplemental Insurance and Rx coverage. It’ll take a load off your mind!
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While most costs continue to increase, we are expecting lower Medicare Supplement premiums in 2023. Don’t get stuck paying more than you need to. Be sure to review your Medigap premium in 2023 and speak with a licensed agent at Senior HealthCare Solutions. Our team can compare over 25+ top-rated Medicare carriers in minutes.
New 2023 Medicare Part D Cost has been released by Medicare. Inflation reduction act has also been passed to help lower drug cost by 2025!
Insurance companies are beginning to give sneak peaks into the New 2023 Medicare Advantage Plans. Enrollment Period begins October 15 and ends December 7th.