Because Original Medicare coverage has limitations, many people purchase supplemental insurance policies that are specifically designed to cover some of the gaps. These Supplemental Insurance policies, known as “Medigap” or sometimes referred to as “Medicare Supplement” are sold by private insurance companies, not the federal government.
Often referred to as Medicare Part C, a Medicare Advantage Plan is an additional health plan choice offered to those eligible for Original Medicare (Part A and B).
Medicare Part D Prescription Drug Plan
Medicare Part D, also known as the Medicare Drug Benefit, is a federal program to subsidize the costs of prescription drugs for Medicare beneficiaries in the United States.