Medicare Advantage
Also known as Medicare Part C, Medicare Advantage is a Medicare -approved plan offered by insurance companies and serve as an alternative to Original Medicare (Medicare Parts A & B) for your health & drug coverage. These "bundled" plans combine Medicare Parts A, B & D (prescription drug coverage). They utilize a network of healthcare providers but may have out-of-network coverage as well. There are several types of M.A. plans: HMOs, HMOPOS, PPOs, SNPs, MSAs & PFFS. They typically employ deductibles, copays & coinsurance up to an annual out-of-pocket maximum. They may also include extra benefits like: Dental, Vision, Hearing Aids & more.