What You Need to Know About Medicare Advantage
What is Medicare Advantage? What are the benefits of Medicare Advantage? What are the drawbacks of Medicare Advantage? How do I know if Medicare Advantage is right for me? I have Medicare Advantage, now what? What is Medicare Advantage? Medicare Advantage is a health insurance plan that is offered by private insurance companies and approved by Medicare. It provides all of the same coverage as Original Medicare (Parts A and B), but often with additional benefits and/or lower costs. Some Medicare Advantage plans also include Part D coverage for prescription drugs. There are many benefits to Medicare Advantage plans, including potentially lower costs, additional coverage (such as for vision, hearing, or dental), and the convenience of having all of your coverage in one place. However, there are some drawbacks to consider as well, such as limited provider networks and possible issues with getting approval for certain services. Ultimately, whether or not a Medicare Advantage plan is right for you will depend on your specific needs and circumstances.