Medicare Supplement vs Medicare Advantage plans in Dallas Texas
Which should you choose?
If you live in the Dallas Texas region and you have your original Medicare coverage secured, you will have a choice of options for improving your coverage. You may combine your Original Medicare plan with a Medicare Supplement plan, or you can sign up for a Medicare Advantage plan.
Two out of three people in Dallas, choose the Medicare Supplement option, one third choose the Medicare Advantage option. The Medicare Advantage option is growing in popularity. So, which option is right for you?
A brief explanation of the workings of both options may help.
Facts About Dallas, Texas
Good to know:
Dallas and nearby Fort Worth were initially developed due to the construction of major railroad lines through the area allowing access to cotton, cattle and later oil in North and East Texas. The construction of the Interstate Highway System reinforced Dallas's prominence as a transportation hub, with four major interstate highways converging in the city and a fifth interstate loop around it. Dallas then developed as a strong industrial and financial center and a major inland port, due to the convergence of major railroad lines, interstate highways and the construction of Dallas/Fort Worth International Airport, one of the largest and busiest airports in the world.
High-deductible plans come at a cost: You'll pay less each month in terms of premiums, but if you do have to use any medical services, you'll pay out of pocket for longer thanks to that high deductible. Still, if you're looking to lower your monthly costs and you're someone who doesn't frequent the doctor often, high-deductible plans are a valid option.
How A Medicare Supplement Plan Works
A Medicare Supplement plan is designed to fill in the "gaps" in your Original Medicare coverage.
Medicare supplement plans don't work like most health insurance plans. They don't actually cover any health benefits. Instead, if you incur a medical bill,
these plans cover the portion of the bill that Medicare does not cover. These costs can include: