Medicare Advantage vs. Medigap... Which is more popular?

31/01/2023 23 min
Medicare Advantage vs. Medigap... Which is more popular?

Listen "Medicare Advantage vs. Medigap... Which is more popular?"

Episode Synopsis

When it comes to your Medicare insurance options, we often point out the fact that your choices essentially come down to a Medicare Advantage plan or a Medicare Supplement (Medigap) plan. With millions of Medicare beneficiaries making this same decision, we are often asked, "which option do most people choose?". Ultimately, that choice will be based on your individual budget, wants, and needs but in today's episode, we will break down national trends and talk about the data to find out whether Medicare Advantage or Medigap plans are the most popular choice for those on Medicare. See our sources for today's episode at the end of this description (there are a lot!). Giardini Medicare is an independent insurance agency specializing in helping Medicare beneficiaries enroll in the Medigap or Medicare Advantage plan that fits their needs during their transition to Medicare. We are licensed and work virtually in the following states:  AZ, CA, FL,  IL, IN, KY, MI, MD, NC, OH, PA, SC, TX  If we do NOT work in your state, we can refer to agents that we know, like & trust across the country. Fill out the form linked to our map.Check out our website at  https://gmedicareteam.com/Also, see our additional educational content over on our YouTube ChannelYou can also connect with and learn more on TikTok and our private Facebook Group and while you're at it, check out our Google Reviews!  And, please get added to our mailing list so that we can remain in touch with you.Sources:2022 Medicare Trustees ReportASPE Medicare Enrollment TrendsCMS Medicare Monthly Enrollment Data2022 Telos Actuarial Future of Medicare Supplement ReportKFF 2023 Medicare Advantage SpotlightCMS 2023 Average Medicare Advantage and Part D PremiumKFF 2022 Medicare Advantage Enrollment TrendsKFF 2023 Part D Data2022 AHIP State of Medicare Supplement Coverage2021 NAIC U.S. Health Insurance Industry Analysis Report