Medicare Advantage plans are required to incorporate all of Original Medicare’s benefits. Many, but not all, include additional coverage options such as vision, dental and hearing. Some also incorporate fitness and wellness components.
As with all Medicare-related health plans, there are enrollment and disenrollment periods, differences in coverage and eligibility criteria, and varying costs. Key Characteristics of Medicare Advantage:
- Offered by private companies in accordance with Medicare rules
- Generally, services are rendered through a provider network
- May be required to use a specific network depending on the plan
- May include Part D Prescription Drug Plan
- You’ll pay your Part B premium and possibly a premium for the Medicare Advantage plan.
Read Next: Will There be Changes to Medicare Advantage in 2019?
Learn more: What is the Medicare Advantage Open Enrollment Period?
Return to: Medicare Advantage
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This content was created and copyrighted by the Medicare Rights Center ©2020. Medicare Rights Center is a national, nonprofit consumer service organization that works to ensure access to affordable health care for older adults and people with disabilities. These materials are presented here with support from YourMedicare.com and may not be distributed, modified or edited without Medicare Rights’ consent.