Medicare Advantage Plans (Part C)
Medicare Advantage Plans are also called Part C. This type of plan combines Medicare Parts A and B and in most cases, Part D. The Centers for Medicare and Medicaid Services (CMS) plays an important part in approving these plans each year. CMS has strict oversight to these plans and plans are sold by private insurance carriers.
Medicare Advantage Plans may have a premium. In order to be eligible for these plans, you must have Part A and always pay your Part B premium. Medicare Advantage Plans are not Medicare Supplement plans and may affect your current coverage. Medicare Advantage plans offer the same protections as Original Medicare.
If you have Extra Help for your Part D plan and was wondering if it would translate into a Part C plan with prescription drug coverage, the answer is yes. With Medicare Advantage Plans, you will utilize services within that carrier's network. Medicare Advantage Plans can also offer additional benefits beyond what Original Medicare does.
Navigating through the variety of Medicare Advantage Plans can be a daunting experience and our Medicare Advisors take the time to get to know you and your health care needs to match you to the Medicare Advantage plan that meets those needs.