With Medicare you have the choice of getting your benefits directly through the government (Original Medicare) or through a private insurer (Medicare Advantage). Both Original Medicare and Medicare Advantage include Part A coverage for hospitalization and Part B for doctors & outpatient care. Tricare can be billed as your secondary insurance for either option. Original Medicare is “one size fits all” and the same for everyone in the country. Medicare Advantage, however, gives you various choices that may be a better fit for your unique situation.
The “Advantage” in Medicare Advantage is that they include more benefits than Original Medicare, at the same or lower monthly cost. The additional benefits you can get with Medicare Advantage include;
- Dental, Vision, and Hearing Aid coverage.
- Silver Sneakers – Gives you free access to exercise facilities and online exercise videos.
- Part B Giveback – This is a benefit included with some plans that gives you a monthly dollar amount to help you pay your Medicare cost.
- Prescription – There are Medicare Advantage options that include pharmacy coverage and some that do not. You have choices.
If you will continue to use Tricare for medication coverage, you will not need prescription benefits with Medicare. This can allow you to be covered by a Medicare Advantage plan without prescription coverage, which has it’s own unique benefits.