Medicare Advantage Plans
Medicare Advantage Plans or “Part C” are a type of medicare health plan offered by a private insurance company and act as an alternative to Original Medicare. The insurance companies contract with Medicare and must provide all your Part A and Part B benefits and cover all the services that Original Medicare covers. Some of the Medicare Advantage plans also offer prescription drug coverage, along with dental and vision benefits.
There are 3 types of advantage plans:
HMO
Network Only Coverage
Low or $0 Premium
Potential Out of Pocket $4000 +
PPO
In / Out of Network Coverage
Low or $0 Premium
Potential Out of Pocket $4000 +
MSA (Medical Savings Account)
No Network
Low or $0 Premium
Potential Out of Pocket $4000 +
Includes Annual Deposit into a Medical Savings Account
