Which best describes a Medicare Advantage plan?

A Medicare Advantage plan, also known as Medicare Part C, is a private insurance plan that provides all the benefits of Original Medicare (Parts A and B) and often includes additional benefits, such as vision, dental, and wellness services. These plans are offered by private insurance companies that contract with Medicare to deliver these services.

Medicare Advantage plans must cover at least the same level of care that Original Medicare offers, although they may have different rules, costs, and coverage restrictions. In many cases, these plans also provide extras to attract beneficiaries, making them a comprehensive option for healthcare coverage.

Understanding the function of Medicare Advantage plans is essential because they offer more than just the basic coverage of hospital and medical services. This makes them a popular choice for many seniors who want more extensive benefits beyond what Original Medicare provides.