Everything You Need to Know About Medicare Advantage
What is Medicare Advantage? How does it work? What are the benefits of Medicare Advantage? What are the drawbacks of Medicare Advantage? Is Medicare Advantage right for you? What is Medicare Advantage? Medicare Advantage is a type of health insurance that is offered by private companies to Medicare beneficiaries. Medicare Advantage plans typically include all of the same benefits as Original Medicare, Part A and Part B, but often with additional benefits such as prescription drug coverage, routine dental and vision care, and gym memberships. How does it work? Private companies that offer Medicare Advantage plans contract with the federal government to provide Part A and Part B benefits to Medicare beneficiaries. These companies must follow certain rules set by the government, but they have some flexibility in how they design and deliver their plans. What are the benefits of Medicare Advantage? Medicare Advantage plans can offer beneficiaries more comprehensive coverage than Original Medicare, Part A and Part B. In addition to medical and hospital coverage, many Medicare Advantage plans include prescription drug coverage, routine dental and vision care, and gym memberships.