What is Medicare Part C / Medicare Advantage Plan?
Private carriers offer Part C plans, also known as Medicare Advantage Plans, which offer all the benefits covered under Original Medicare (parts A and B) and more. You can select from HMOs, PPOs, Private Fee-for-Service, and Medicare Medical Savings Account (MSA) Plans. In order to join the Part C Plan, you need to be first…
What is an MA-PD?
An MA-PD is simply a Medicare Advantage Plan that includes a Part D (Prescription Drug Plan). There are many Medicare Advantage plans available to choose from – some with and some without a Part D plan included. If a Part D is included, you may hear them referred to as MA-PDs.
What’s better: Medicare Advantage Plans or Medigap Plans?
Medicare Advantage Plans (MAs) usually cost less in up front premium than Medigap Plans. MA plans may include additional benefits like dental, hearing, vision, transportation, foreign travel and other benefits that Original Medicare does not cover. Some MAs limit the use of Medicare covered services with in-network doctors or facilities. MAs may require referrals to…
What’s better: Original Medicare or Medicare Advantage plans?
Original Medicare covers only Parts A and B. There is no limit on your out-of-pocket expenses. It doesn’t cover medical services outside of the U.S., even in emergency situations. It generally covers medical services with any doctor or facility that accepts Medicare assignments. No referrals are required to visit providers nationwide. It does not include…