2024 Medicare Plans in Euless, Texas

What is Medicare?

Medicare is a federal health insurance program for people 65 or older, under 65 who are on Social Security Disability Insurance (SSDI) and people with End-Stage Renal Disease.

Medicare has 4 parts. Two parts are from the federal government Part A and Part B. The other 2 parts, Part C and Part D are from private insurance companies.

Original Medicare vs. Medicare Advantage

Medicare Advantage plans are popular because of their convenience. Most plans combine medical and prescription coverage on one card. Some offer dental and vision coverage, too. And you’re able to predict your out-of-pocket costs better than you can with Original Medicare.

When you have Original Medicare, you pay 20 percent of the cost, or 20 percent coinsurance, for most medical services covered under Part B. Medicare Advantage plans use copays more than coinsurance. Which means you pay a fixed cost. You might have a $15 copay for doctor’s office visits, for example.

And with Medicare Advantage plans, you have an out-of-pocket maximum. That means once you spend a certain amount of money on health care each year, your plan pays 100 percent of the cost of services it covers. Original Medicare doesn’t have this cap. So, if you get sick, you’ll end up paying a lot.

Supplement Plans vs. Medicare Advantage

Medicare supplement, or Medigap, plans are another option. In a way, Medicare Advantage replaces Original Medicare and connects all the pieces together on one plan. Supplement plans don’t replace Original Medicare. It’s more like an extra you can add on top of Original Medicare.

Medicare Supplement plans help pay some of the out-of-pocket costs you have with Original Medicare. For example, your plan might pay the 20 percent coinsurance for doctor office visits.

But if you go this route, you’ll need to make sure you have prescription drug coverage. That means that if you don’t have a Part D plan through an employer or union, you may face a penalty if you don’t buy one on your own. And supplement plans don’t come with the extra benefits you often get with Medicare Advantage, like dental and vision coverage.

The triangles to the right show how supplement plans sit on top of Medicare Parts A, B and D. You can get complete coverage, but you still must coordinate all those pieces on your own. Medicare Advantage Part C gives you all the pieces with one cohesive plan.

Need help deciding your coverage?

Our well-trained, experienced agents are ready to answer questions about your Medicare or health insurance and put together a comprehensive plan to fit your needs.

Give us a call or submit a request for a consultation below!