Hi, I’m Angela James at the Centers for Medicare & Medicaid Services. Did you know that you can choose how you get your Medicare coverage? Today we’re going to talk about the differences between Original Medicare, Medicare Advantage and prescription drug plans, and Medicare Supplement Insurance Policies – which are also known as Medigap policies. When you’re eligible for Medicare, the first thing to consider is whether you want to get your coverage through Original Medicare or a Medicare Advantage Plan, like an HMO or PPO. Both Original Medicare and Medicare Advantage Plans have both Part A and Part B coverage. Part A covers inpatient hospital stays, care in a skilled nursing facility, hospice care, and some home health care. Part A is free for most people. Part B covers certain doctors’ services, outpatient care, medical supplies, and preventive services. There’s a monthly premium for Part B. Now, even though both Original Medicare and Medicare Advantage plans cover Part A and Part B services, there are some differences that I want to help you understand. Original Medicare is provided directly through Medicare. You have your choice of doctors, hospitals, and other providers that accept Medicare. Original Medicare covers about 80% of your healthcare costs. Generally you, or any supplemental coverage that you have, pays deductibles and coinsurance and you usually pay a monthly Part B premium. Medicare Advantage Plans, also called Part C, provide coverage through private insurance companies that are approved by Medicare. In most plans, you need to use doctors, hospitals, and other providers that are in your plan’s provider network. If you decide to use a provider outside of your plan’s provider network, you may have to pay more or pay all of the costs. There are usually copayments or coinsurance for covered services, and you may pay a monthly premium in addition to your Part B premium. Each plan has different costs and rules, and some can have extra coverage, like vision or dental. Now I want to tell you about Medicare Prescription Drug Plans, also called Part D. Theseare plans that add drug coverage to Medicare. These plans are run by private insurance companies that are approved by Medicare. To add this coverage, you usually pay a monthly premium. If you have a Medicare Advantage Plan that offers drug coverage, you may have to get that drug coverage through your Medicare Advantage plan. Otherwise, you can join a Medicare Prescription Drug Plan. So do you remember how I told you that Medicare pays about 80% of your healthcare costs? Well, Medicare Supplemental Insurance Policies, or Medigap, is coverage offered through private companies to fill in the gaps in Original Medicare. With a Medigap plan, you pay a monthly premium in addition to your Part B premium and the costs for that premium can vary between policies and companies. You may also be able to get similar coverage through an employer or a union. It is important that you realize Medigap policies don’t work with Medicare Advantage Plans. In fact, if you already have a Medicare Advantage Plan, it’s illegal for someone to sell you a Medigap policy. Now these are just the basics. To get more information about your Medicare choices, visit Medicare.gov. And you can also check out some of our other videos on this YouTube channel to learn more.