Medicare
Medicare Advantage
Definition
Medicare Advantage (Part C) is a type of Medicare plan offered by private insurers as an alternative to Original Medicare. These plans cover all Part A and Part B services and often include extras like dental, vision, and prescription drugs.
More Detail
Medicare Advantage plans are approved and regulated by Medicare but administered by private companies. Plans vary widely in cost, coverage, and provider networks. Most plans require you to use network providers, though some PPO plans allow out-of-network care at a higher cost. HMO plans typically require a referral to see a specialist.
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