The Difference Between Traditional Medicare and Medicare Advantage
- When turning 65, you find yourself overwhelmed with information
- It can all be very confusing
- Traditional Medicare is your “red, white, and blue” card and is your primary insurer
- Most seniors get a supplement if they have traditional Medicare
- They will typically get a separate drug plan
- Medicare Advantage is when an insurance company has a contract with Medicare
- Medicare pays the insurance company as the primary and sole insurance company
- This allows insurance companies to offer zero premium Medicare plans
- The only downside is that you will typically be assigned to a network
