Medicare Advantage Plans:

A Brief Introduction

As a Medicare beneficiary, you are likely interested in ways to increase your coverage through Original Medicare (Parts A and B). One of your options is to enroll in a Medicare Advantage plan.

Medicare Advantage plans are also referred to as Medicare Part C. These plans offer an all-in-one alternative to Original Medicare. They do that by bundling the benefits of Medicare Parts A and B into one plan, which also offers additional benefits like those for dental, vision, and hearing services, as well as prescription drug coverage.

If you choose to enroll in a Part C plan, you will purchase it through a private insurance company. These companies have been approved by the Medicare program to offer plans to Medicare beneficiaries. There are a variety of insurance carriers, and availability will depend on your location. (Not all plans are offered in every city or state.)

In addition to offering more benefits than Original Medicare, Medicare Advantage plans often have a low premium, sometimes as low as $0 per month. The premiums are low because the federal government pays the insurance carriers to provide the plans to members.

While these plans are appealing to many individuals, there are limitations that each individual will need to consider. The easiest way to understand these plans and know which ones you’re eligible for is to speak to one of our insurance agents.