Medicare Advantage Plans

Coverage Integration

Medicare Advantage plans often combine the benefits of Medicare Part A (hospital insurance) and Part B (medical insurance) into one plan. Many also include additional coverage beyond what Original Medicare offers, such as vision, dental, and hearing care.

Additional Benefits

Some Medicare Advantage plans offer extra perks like an allowance for dental, vision and hearing, wellness programs, gym memberships, or transportation to medical appointments.

Network and Cost Structure

Medicare Advantage plans typically have a network of doctors and hospitals. You may need to use these network providers to get the full benefits of the plan. These plans can also have different cost structures, including premiums, copayments, and coinsurance. Some may have a $0 premium but could have higher out-of-pocket costs.

Plan Types

There are various types of Medicare Advantage plans, including Health Maintenance Organizations (HMOs), Preferred Provider Organizations (PPOs), and Private Fee-for-Service (PFFS) plans. Each type has its own rules about how you receive care and manage costs.

Annual Enrollment

You can sign up for a Medicare Advantage plan during specific enrollment periods, such as when you first become eligible for Medicare, or during the Annual Enrollment Period (October 15 to December 7 each year).