What is a Medicare Advantage Plan?
For folks who are new to Medicare, one of their biggest questions is, What is a Medicare Advantage Plan? Because the word "supplemental" gets thrown around so much, it is often assumed that Medicare Advantage plans are the same as Medicare Supplement plans, but they are not. If you are unsure about Medicare Advantage plans, this article can help you better understand what they are and if they are for you. Medicare Advantage plans are a way to get your Part A and Part B benefits through a private insurance company rather than the Federal Government. The insurance carrier has a contract with the Center for Medicare and Medicaid Services which runs Medicare, and is obligated to cover you for all the same conditions and treatments for which Original Medicare…