Everything You Need to Know About Medicare Advantage Plans

What are Medicare Advantage Plans? What do Medicare Advantage Plans cover? How do Medicare Advantage Plans work? What are the benefits of Medicare Advantage Plans? What are the drawbacks of Medicare Advantage Plans? Medicare Advantage Plans are a type of health insurance that are offered by private companies and approved by Medicare. These plans cover all of the benefits that are offered by Medicare Part A and Part B, and often times additional benefits such as prescription drugs, vision, and dental. These plans typically have lower out-of-pocket costs than Original Medicare, and often times offer coverage for services that Medicare does not cover. How these plans work is that the private company that offers the plan contracts with Medicare to provide all of the benefits that are offered under Medicare Part A and Part B.

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