>Addison Cooper Question By: Addison Cooper  Posted in: Business

What are the advantages of Medicare Advantage Plans?

A Medicare Advantage is another way to get your Medicare Part A and Part B coverage. Medicare Advantage Plans, sometimes called "Part C" or "MA Plans," are offered by Medicare-approved private companies that must follow rules set by Medicare. These "bundled" plans include Medicare Part A (Hospital Insurance) and Medicare Part B (Medical Insurance), and usually Medicare drug coverage (Part D). There are lots of reasons why a Medicare Advantage plan may be great for you. Here are some of them:

  • There are 47 possible plans offered, so you can select the one that best suits your personal needs

  • Supplemental benefits offer more coverage than what is found in the Original Medicare

  • You have the option to receive coverage from a private insurer, allowing for a smoother transition out of your individual or employer-sponsored health insurance.

  • There’s an out-of-pocket maximum per year meaning that you will never need to spend more than that fixed amount on your health care in any given year (the amount is currently $6700).

  • It’s very convenient to have all of your benefits joined under one plan.

The Premier Agency's medicare advantage plans are some of the favorite plans to work with because they offer so much for a client. Their medicare advantage is a type of Medicare health plan that offered both parts A and part B benefits. For more information, visit the website!

Amelia RogersAnswer By: Amelia Rogers