Building Complete Coverage

Many retirees buy additional insurance to cover the things Original Medicare (Parts A and B) doesn't cover completely. Here's why:

  • To get more complete medical and prescription drug coverage. Remember, Parts A and B only cover inpatient and basic outpatient services, not prescriptions.
  • To control their out-of-pocket medical spending. Without additional coverage, retirees may need to pay the full cost of anything not covered completely by Medicare Parts A and B.
  • To gain peace of mind. Knowing they have secured comprehensive coverage that protects them beyond basic Medicare A & B is comforting.

There are 2 primary types of Medicare plans:



Medicare Part C

Covers medical and usually prescription drugs.



Medigap + Prescription Drug

Covers medical and prescriptions when combined with Medicare Part D.

  • Works in place of Medicare coverage provided by Parts A and B
  • Plans usually have lower premiums than Medicare Supplement coverage, but typically include copayments or coinsurance costs
  • Often covers services that Original Medicare doesn't cover like preventive, dental, vision, etc.
  • Generally, you are required to visit an in-network doctor
  • Remember, you will still be responsible for paying your Medicare Part B premium
Details - Medicare Advantage
  • Plans usually have higher monthly premiums than Medicare Advantage, but lower out-of-pocket costs
  • Pays its share of medical expenses after Parts A and B pay their shares
  • Can cover some or all of your medical copayments, coinsurance and deductibles
  • Offers flexibility in choosing doctors
Details - Medigap
Details - Prescription Drugs