What is Medicare Advantage?
When enrolling in Medicare you can choose between Traditional Medicare and Medicare Advantage. Under Traditional Medicare you select Parts A and B, and have the option of adding Part D or a Medigap plan. Medicare Part C is Medicare Advantage. Medicare Advantage plans are run by private insurers and are an alternative to traditional Medicare. These plans typically include coverage for Parts A, B, and D. Additionally these plans might have lower premiums and offer additional benefits like services for vision, hearing, and dental.
Pros and Cons
While a Medicare Advantage plan may offer more benefits than a Traditional Medicare plan, there are some disadvantages as well.
With most types of insurance, there are advantages and disadvantages to different plans. In general, Medicare Advantage plans will include more benefits but your options for providers may be restricted. To learn more about the difference between Traditional Medicare and Medicare Advantage, check out this article.