Medicare Advantage, also known as Medicare Part C, is a plan provided by insurance companies contracted by Medicare to fulfill the basic coverage of Original Medicare but with additional benefits.
These additional benefits can sometimes be provided at no additional cost to you. This is possible because Medicare actually pays the insurance company a set amount for providing your healthcare coverage.
So, let’s take a look at eligibility, enrollment, and benefits of an Advantage plan.
Medicare Advantage benefits
Part C plans are required by Medicare to provide the same benefits of Parts A and B. That is inpatient hospital care, skilled nursing facility, hospice, lab tests, surgery, home health care, outpatient care, medical equipment, and some preventative services.
However, Advantage plans can provide additional benefits like:
- Adult day-care services
- Fitness memberships
- Nutrition programs
- Over-the-counter drugs
- Services and supports for those with chronic conditions
- Transportation to doctor visits
- Wellness programs
Benefits you are eligible for will depend on your area and plan providers.