WEBVTT NOTE This file was generated by Descript 00:00:00.000 --> 00:00:03.809 Lauren: When you're turning 65, if you know that you've got some kind of 00:00:03.809 --> 00:00:07.139 a health issue and you don't want to have to worry about paying a copay or 00:00:07.139 --> 00:00:10.380 a co-insurance every time you go to the doctor - and you know ahead of time, 00:00:10.380 --> 00:00:13.993 you're probably going to have a lot of hospital or doctor visits, Medicare 00:00:13.993 --> 00:00:15.443 Supplement plans are a great option. 00:00:15.463 --> 00:00:17.784 You'll never have to worry about network or referrals. 00:00:17.876 --> 00:00:21.385 And if you go with say, a Plan G, which is most popular, you won't be 00:00:21.385 --> 00:00:23.095 paying any copays or co-insurance. 00:00:23.095 --> 00:00:25.075 Again, you pay that flat monthly premium. 00:00:25.285 --> 00:00:26.755 You don't have to worry about anything else. 00:00:26.897 --> 00:00:30.947 Where if somebody is maybe healthier or they can't afford the premium 00:00:30.952 --> 00:00:34.817 of a Medicare Supplement, Medicare Advantage options are really great. 00:00:34.867 --> 00:00:37.597 Medicare Advantage plans do include prescription coverage 00:00:37.602 --> 00:00:40.387 where Medicare Supplement, you'd have to buy that separate. 00:00:40.717 --> 00:00:45.183 And Medicare Advantage plans have additional benefits, such as vision, 00:00:45.183 --> 00:00:47.944 dental, hearing, gym memberships even. 00:00:47.944 --> 00:00:51.214 They're more of an all-in-one plan, with a lower monthly premium, more of 00:00:51.434 --> 00:00:56.479 a pay-as-you-go style plan as there may be more copays and co-insurances. 00:00:57.332 --> 00:01:00.092 Keep in mind: with Medicare Advantage, there is a network. 00:01:00.272 --> 00:01:04.446 So, if someone's aligned with one medical group: they've got their primary doctor, 00:01:04.642 --> 00:01:08.242 they like the managed care system, then it's really a great plan for them. 00:01:08.932 --> 00:01:12.592 When it comes to budget, some people will lean towards Medicare Supplement - if they 00:01:12.592 --> 00:01:18.130 can afford that monthly premium; others will go the Medicare Advantage route if 00:01:18.180 --> 00:01:21.808 they want that lower premium, they don't mind the network and they'll pay the 00:01:21.808 --> 00:01:23.308 copay every time they go to the doctor.