What You Need to Know About Medicare Advantage

What is Medicare Advantage? What are the benefits of Medicare Advantage? What are the costs of Medicare Advantage? How does Medicare Advantage work? Is Medicare Advantage right for me? Medicare Advantage is a health insurance plan that is offered by a private company and approved by Medicare. It is an alternative to Original Medicare, which is the traditional fee-for-service health insurance program offered by the federal government. The benefits of Medicare Advantage include: -Private companies offering Medicare Advantage plans must provide at least the same level of coverage as Original Medicare, but many plans offer additional benefits, such as vision, dental, or prescription drug coverage. -You may have lower out-of-pocket costs with a Medicare Advantage plan than with Original Medicare. This is because private companies that offer Medicare Advantage plans receive payments from Medicare to help cover the costs of your care. -Medicare Advantage plans often have networks of doctors, hospitals, and other health care providers that you can use for your care. The costs of Medicare Advantage vary depending on the specific plan you choose.