If you currently have Medicare and a Medigap policy that doesn’t provide prescription drug coverage, you can join a Medicare drug plan to help with the costs of your prescription drugs. Your choices are listed below:
- You can keep your current Medigap policy and enroll in a Medicare Prescription Drug Plan available in your area to get prescription drug coverage.
- You can join a Medicare Advantage Plan in your area that includes prescription drug coverage, and get all your health care benefits and prescription drug coverage from the plan. If you join, your Medigap policy won’t pay any deductibles, copayments, or other cost sharing under your Medicare Advantage Plan. Therefore, you may want to drop your Medigap policy if you join a Medicare Advantage Plan. However, you might not be able to get the same Medigap policy back. In some cases, you might not be able to buy any policy if you leave the Medicare Advantage Plan. You have a legal right to keep the Medigap policy. Your rights to buy a Medigap policy may vary by state.
