Are Medicare Supplement plans BAD?

The Transition to Medicare Podcast

Are Medicare Advantage plans more popular and better than Medicare Supplement plans now? Should you still consider enrolling in a Medicare Supplement plan?
Some of the "pros" of Medigap plans include:
- Freedom to see providers across the country that accept Original Medicare
- Low out-of-pocket medical costs
- Prior authorization is very rarely ever needed
- Plans are guaranteed to renew as long as you pay your monthly premiums
- Premium increases are not determined by your individual claims
Some of the "cons" of Medigap plans include:
- Medigap plans rarely cover services not covered by Original Medicare (like routine physicals)
- Higher monthly premiums than Medicare Advantage plans, and premiums increase over time
- Prescription coverage is not included and must be purchased separately
- You may not be able to change to a new Medigap plan in the future
*Sources are at the bottom of the show notes*
Giardini Medicare is an independent insurance agency specializing in helping Medicare beneficiaries enroll in the Medigap or Medicare Advantage plan that fits their needs during their transition to Medicare. We are licensed and work virtually in the following states: AZ, CA, FL, IL, IN, KY, MI, MD, NC, OH, PA, SC, TX If we do NOT work in your state, we can refer to agents that we know, like & trust across the country. Fill out the form linked to our map.
Check out our website at https://gmedicareteam.com/
Also, see our additional educational content over on our YouTube Channel
You can also connect with and learn more on TikTok and our private Facebook Group and while you're at it, check out our Google Reviews! And, please get added to our mailing list so that we can remain in touch with you.
Sources:
Medicare and You Official Handbook
Official Choosing a Medigap Policy Guide