What is a Medicare Advantage plan?

A Medicare Advantage Plan is another way to get your Medicare Part A and Part B coverage. Medicare Advantage Plans, sometimes called “Part C” or “MA” Plans, are ofered by Medicare-approved private companies that must follow rules set by Medicare. Most Medicare Advantage Plans include drug coverage (Part D).

What is Medicare Advantage & Medicare Part A?

Medicare Part A is hospital insurance. All Medicare Advantage plans cover the same services as Medicare Part A, such as: Medicare Part B is medical insurance. All Medicare Advantage plans also cover the same services as Medicare Part B, such as: Medicare Part D is prescription drug coverage.

Is a cost plan a Medicare Advantage plan?

Cost plans are not Medicare Advantage plans and are not capitated. Instead, beneficiaries keep their Original Medicare benefits while the plan sponsor administers their Part A and Part B benefits. Some MA plans cover both Medicare and Medicaid services for people who are eligible for both.