Medicare Advantage: The Blue Plan

What is Medicare Advantage? What are the benefits of Medicare Advantage? What are the drawbacks of Medicare Advantage? Is Medicare Advantage right for me? How do I sign up for Medicare Advantage? Medicare Advantage is a health insurance plan that is administered by a private company and contracted by Medicare. The plan provides all of the benefits of Original Medicare, Part A and Part B, but may also include additional benefits, such as prescription drug coverage, dental, and vision. There are a number of different types of Medicare Advantage plans, which can vary in terms of cost and coverage. The main advantage of enrolling in a Medicare Advantage plan is that it can provide beneficiaries with more comprehensive coverage than Original Medicare. In addition, Medicare Advantage plans often have lower out-of-pocket costs than Original Medicare. However, there are some drawbacks to consider as well. One downside is that beneficiaries may have less flexibility when it comes to choosing their doctors and hospitals, as Medicare Advantage plans often have provider networks. Another potential drawback is that some Medicare Advantage plans may not cover certain services, such as long-term care or hospice care.