Medicare Advantage plans, which are also known as Part C, offer many Medicare beneficiaries the coverage they need at a cost they can afford. For the convenience of an all-in-one and the security of an out-of-pocket maximum, you may want to consider Medicare Advantage!
Medicare Advantage plans give you the same hospital and medical insurance you receive under Original Medicare: Part A and Part B. Generally, that means you have coverage for:
Notably, Original Medicare does not cover routine dental, hearing, or vision care or prescription drugs. That is where Medicare Advantage plans step in. Instead of you having to find individual supplement insurance for each of those areas, you can look for a Medicare Advantage plan that offers those benefits!
Medicare Advantage Prescription Drug (MAPD) plans offer you coverage equivalent to Medicare Part D plans, so you effectively have Part A, Part B, and Part D coverage all from one insurance provider. Look for a plan that covers all of your health areas, including any prescriptions you take.
There are many Medicare Advantage plans available:
You can sign up for a Medicare Advantage plan during your Initial Enrollment Period when you first become eligible for Medicare. If you decide to enroll in one of these plans later, you can join during Open Enrollment from October 15 to December 7. And if this change is prompted by a life event, you may qualify for a Special Enrollment Period and have an additional enrollment opportunity.