Medicare Advantage plans, also known as Part C coverage, are insurance plans that replace original Medicare Insurance and are run by private insurance companies. Medicare is no longer the primary insurance provider on Medicare Advantage plans, though you must have Part A and Part B on Medicare.
Be aware that each Medicare Advantage plan could have different “out of pocket” maximums. Individuals must also live within your own service area and may only have one advantage plan at a time. Each private company is reimbursed by Medicare.
There are different plans that you may choose from. The following are the 3 most common plans, however there are others that you may choose:
Assessing the best Medicare Advantage plan for your needs can get confusing – but you don’t need to do it alone! Give our friendly and knowledgeable staff a call today and get answers to any questions you may have regarding Medicare Advantage Plans or your Medicare Insurance needs in general.