Medicare Advantage members will have a relationship with your insurer and their provider network. Medicare Advantage plans are sometimes more convenient and affordable than Original Medicare.
Medicare Advantage plans offer additional benefits, above and beyond what Original Medicare covers. Since these plans are privately managed, they can cover more medical needs at lower monthly costs.
Your maximum out-of-pocket costs on any Medicare Advantage plan are capped each year. Many plans offer an even lower annual out-of-pocket maximum. Most companies have a $0 premium plan available.
If you choose to enroll in Medicare Advantage, it will replace your Part A & B coverage. These plans may create their own premiums, deductibles, copayments, and physician referral systems (like HMOs or PPOs). Accordingly, you will have to consider the doctors and hospitals your plan choice includes.
Depending on the plan you choose, Medicare Advantage may include: