My mailbox is being flooded with ads about switching my Medigap policy to a Medicare Advantage plan, a prescription drug plan – Part D, or a different Medigap company. I’ve also seen dozens of TV ads and received lots of emails. Some of the ads offer plans with premiums “from $0 a month” and use terms such as “urgent” and “don’t delay.”
The deadline for switching to Medicare Advantage or a prescription drug plan – Part D is Dec. 7.
What is Medicare Advantage and what’s all the hype about?
Medicare Advantage a way to combine Original Medicare and supplemental or Medigap policies. The companies receive a federal payment per person per month to manage Medicare benefits for recipients. Instead of receiving statements from Medicare and your Medigap company, you’ll just get one statement.