Medicare Advantage Explained

Medicare Advantage plans are your all-in-one Medicare solution. These plans, offered by Medicare-approved private insurance companies, provide an alternative way to receive your Medicare Part A and B benefits, often with added perks.

Medicare Advantage plans frequently go beyond Original Medicare. Many include prescription drug coverage, eliminating the need for a separate Part D plan. But that’s not all – depending on the plan, you might also get coverage for dental, vision, and hearing care. Some plans even offer gym memberships and wellness programs, giving you a complete healthcare package.

One major benefit of Medicare advantage is the potential for low or even zero monthly premiums. Yes, you read that right – zero! Keep in mind, that you’ll still need to pay your Part B premium. Even with these potential savings, Medicare Advantage plans include an Opem out-of-pocket maximum, providing a financial safety net for your healthcare costs.