What is a Medicare Advantage Plan - Part C?Medicare Advantage plans, also known as "MA's or MAPD's, are offered by private insurance companies that are approved by Medicare. These plans must cover all of the same services as Original Medicare, however they may have different costs and restrictions.
Original Medicare covers hospice care even if you're in a Medicare Advantage Plan. In all types of Medicare Advantage Plans, you're always covered for emergency and urgently needed care. Medicare Advantage plans typically have a network of providers and may require you to use certain doctors, hospitals, or other providers. However, many Medicare Advantage plans also offer out-of-network coverage for certain services. It's important to carefully review the details of any Medicare Advantage plan you're considering to ensure that it meets your needs and fits within your budget. Most plans have co-pays that have an annual "cap" and are offered at zero monthly premium. You are required to be entitled to Part A and/or enrolled in Part B and pay Part B premiums to be eligible. What do Medicare Advantage Plans cover?Medicare Advantage plans provide all the benefits of Medicare Part A (hospital insurance) and Part B (medical insurance) in one plan. These plans may also offer additional benefits, such as vision, dental, and prescription drug coverage.
These plans may also include coverage for hearing aids, and other services. Some plans even offer wellness programs, gym memberships, and transportation to medical appointments, healthy grocery allowance, flex debit card, utility bill allowance and Part B Premium monthy "giveback" dollars. |
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