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 health insurance plan that is offered by a private company and approved by Medicare. It is also known as Part C of Medicare. Medicare Advantage plans cover all of the benefits that are included in Original Medicare (Part A and Part B). In addition, most Medicare Advantage plans offer extra benefits, such as prescription drug coverage, dental coverage, and vision coverage. How does it work? Medicare Advantage plans are offered by private companies that contract with Medicare. These companies must follow rules set by Medicare. Each company can decide which benefits to include in their plans and how much to charge for the plan. What are the benefits of Medicare Advantage? The main benefit of Medicare Advantage is that it provides enrollees with comprehensive coverage. In addition, most plans offer extra benefits, such as prescription drug coverage, dental coverage, and vision coverage.