Question 1

What is the difference between Medicare Advantage and Original Medicare?

Accepted Answer

Original Medicare (Parts A and B) is the federal program covering hospital and medical services. Medicare Advantage (Part C) is an alternative offered by private insurers that bundles Parts A and B — and usually Part D — often with extra benefits like dental, vision, and hearing. Advantage plans typically have network restrictions; Original Medicare lets you see any provider that accepts Medicare nationwide.

Question 2

What is a Medicare Supplement (Medigap) plan?

Accepted Answer

A Medicare Supplement plan works alongside Original Medicare to cover out-of-pocket costs like copays, coinsurance, and deductibles. Unlike Medicare Advantage, Medigap plans do not replace Original Medicare — they fill the gaps. You pay a monthly premium for the Supplement plan, and in return you have predictable, low out-of-pocket costs with access to any Medicare-accepting provider.

Question 3

When can I enroll in Medicare?

Accepted Answer

Your Initial Enrollment Period (IEP) is a 7-month window that begins 3 months before the month you turn 65, includes your birthday month, and ends 3 months after. If you miss your IEP, you can enroll during the General Enrollment Period (January 1 – March 31 each year), though late-enrollment penalties may apply. Special Enrollment Periods are available if you have qualifying coverage through an employer.

Question 4

Does Medicare cover prescription drugs?

Accepted Answer

Original Medicare Parts A and B do not cover most prescription drugs. Part D is a standalone prescription drug plan you add to Original Medicare or a Medigap plan. Most Medicare Advantage plans include Part D drug coverage built in. Our brokers can help you compare Part D formularies to make sure your current medications are covered at the lowest cost.

Question 5

Is there a cost to work with Rightway Financial for Medicare guidance?

Accepted Answer

No. Our Medicare guidance is completely free to you. We are compensated by the insurance carriers, not by our clients. You pay the same premium whether you enroll through us or directly with the carrier — and you gain the benefit of an independent broker who can compare plans across multiple companies on your behalf.

Medicare Guidance You Can Understand

Medicare Plan Types

Medicare Advantage (Part C)

Medicare Supplement (Medigap)

Medicare Part D

Medicare Questions, Answered