Medicare Advantage Plan
Medicare Advantage Plan or Part C of Medicare is offered by private insurance companies,
it offers additional benefits and helps to cover the gaps of Medicare. But still,
only the coverage specific to your needs at an affordable price is the best Medicare
supplement insurance for you.
Medicare Advantage Plan combines your Part A and Part B options and must cover all
medically needed services. The difference is that private insurance companies that
are approved by Medicare provide this type of coverage. In most cases, Medicare Advantage
Plan is a lower-cost alternative to the Original Medicare Plan, and providers usually
offer extra benefits and include prescription drug coverage (Part D).
Medicare Advantage plan often have networks, and you must use the doctors or hospitals
that belong to the plan. These plans help you coordinate and manage your overall
care. Medicare Advantage Plan includes specialized care for people who need a large
amount of health care services. If you find yourself needing medical attention while
traveling out of your plan coverage area, you will still be covered for emergency
or urgent care services.
Medicare Advantage Plan is another Medicare health plan choice you may have as part
of Medicare. In fact, Medicare Advantage plan is just the substitute of the original
Medicare but with additional benefits.
The services offered by Medicare Advantage Plan are usually in a restricted network.
Medicare Advantage plan vary greatly. Some of the variables include:
• Out-of-pocket costs
• Covers emergencies outside of your “area” and may have higher costs
• It may offer extra coverage, such as vision, hearing, dental, and/or health and
wellness programs. Most include Medicare prescription drug coverage (Part D)
In many cases, there are no monthly premiums for Medicare Advantage Plan or Medicare
Part C. Medicare Advantage plan can be cheaper, but not necessarily so. People considering
a Medicare Advantage plan should understand the policy benefits to determine that
the coverage satisfies their needs.
For those willing to do the work, Medicare Advantage plan can offer enough coverage
at a lower cost.