Underwriting is the process assessing risk of issuing insurance. Undewriters evaluate applications,
Medicare Part C, also known as Medicare Advantage (MA), is sold by private insurance companies and offer the equivalent of Medicare Part A and Part B, as well as additional coverage. If you purchase a Medicare Advantage plan, you cannot sign up for (and will not need) Original Medicare and a Medicare Supplement plan. This is because Medicare Advantage plans replace traditional Medicare, and all of your Medicare benefits are received through a private insurance company.
Medicare Advantage vs. Medigap
In the video below, one of our agents, Kathleen, discusses the pros and cons of Medicare Advantage vs. Medicare Supplement insurance. Watch the video to learn more about the benefits and drawbacks of both health plans.
How to Switch Back to Original Medicare & Medigap
If you are currently on a Medicare Advantage plan and want to switch back to Original Medicare and Medicare Supplement insurance, there are only 2 time periods you can do this.
You can make the switch during the Annual Enrollment Period (October 15th – December 7th of each year) or during a special period called Medicare Advantage Disenrollment Period (MADP) (January 1st – February 14th of each year).
If you have any questions about switching back to Original Medicare and Medigap, please feel free to call us for more information at (800) 310-2550!
GoMedigap does not offer Medicare Advantage plans. For more information regarding Part C, please visit Medicare.gov.