1. AARP Medicare Advantage Plans (Part C)
AARP Medicare Advantage Plans, also known as Part C, offer all the benefits of Original Medicare (Part A and Part B) with additional coverage options. These plans are provided by private insurance companies approved by Medicare and are designed to give seniors more comprehensive coverage. AARP Medicare Advantage Plans may offer prescription drug coverage (Part D) and additional benefits like dental, vision, and hearing coverage. Seniors have the flexibility to choose from different plan types, such as Health Maintenance Organization (HMO) or Preferred Provider Organization (PPO), depending on their healthcare preferences and budget. Some AARP Medicare Advantage Plans also include Medicare health and wellness programs, such as SilverSneakers, which provide access to fitness centers and exercise classes.
2. AARP Medicare Supplement Insurance Plans (Medigap)
AARP Medicare Supplement Insurance Plans, also known as Medigap plans, work alongside Original Medicare (Part A and Part B) to help cover out-of-pocket costs. These plans are provided by private insurance companies and can help seniors pay for expenses like deductibles, copayments, and coinsurance. AARP offers a range of Medigap plans with varying levels of coverage, allowing seniors to choose the plan that best fits their healthcare needs and budget. With Medigap plans, seniors have the freedom to visit any doctor or specialist who accepts Medicare patients without the need for referrals. It's important for seniors to note that Medigap plans do not offer prescription drug coverage, so they may need to enroll in a separate Part D plan for medications.
3. AARP Medicare Prescription Drug Plans (Part D)
AARP Medicare Prescription Drug Plans, also known as Part D plans, provide coverage for prescription medications. These standalone plans are offered by private insurance companies approved by Medicare. AARP Part D plans help seniors afford their prescription drugs and ensure they have access to the medications they need. Seniors can choose from various AARP Part D plans, each offering different formularies and pricing options. It's important for seniors to review the plan's drug formulary to ensure their medications are covered and to consider factors like monthly premiums, deductibles, and copayments when selecting a plan.
4. AARP Medicare Special Needs Plans (SNPs)
AARP Medicare Special Needs Plans (SNPs) are designed for seniors with specific healthcare needs. These plans provide specialized care for those with chronic conditions, certain illnesses, or residing in a nursing home. AARP SNPs offer tailored benefits and services to meet the unique needs of eligible seniors. These plans cover all the benefits of Original Medicare (Part A and Part B) and often include prescription drug coverage (Part D). Seniors interested in AARP SNPs should ensure they meet the eligibility criteria for these specialized plans.