It may be helpful to answer the following questions and then consider what is most important to you before deciding which plan is right for you. The Original Medicare Plan does not cover outpatient prescription drugs, and only three of the 10 standard Medigap policies offer limited prescription drug coverage. Most Medicare HMOs offer prescription drug coverage, but benefits vary. Both the AB Seniors Plus Plan and AB Seniors Plan provide outpatient prescription drug coverage. Most Medicare supplement and Medigap policies require a monthly fee in addition to your Medicare Part B premium.
Some plans require an annual deductible as well as a copay for covered services.
The cost and benefits of these plans vary widely from plan to plan. There is a monthly cost for the AB Seniors Plus Plan and AB Seniors Plan, but there is no deductible to meet for Medicare Part A services. With the AB Seniors Plus Plan, AB Seniors Plan and many Medigap plans, you retain the freedom to see any doctor and still receive benefits. In a Medicare HMO, you can only go to the doctors and hospitals that have agreed to treat members of the plan. Copyright 1999-2001, Annuity Board of the Southern Baptist Convention.