Medicare Advantage plans, also known as Part C plans, are offered by private insurance companies and provide an alternative way to receive Medicare benefits. Medicare Advantage plans must cover all of the services that Original Medicare (Parts A and B) cover, but often include additional benefits, such as prescription drug coverage, vision, dental, and hearing services, and wellness programs.
Here are some common benefits that Medicare Advantage plans may cover:
- Medical services, including doctor visits, hospital stays, and outpatient services
- Prescription drug coverage (may be included in the plan)
- Vision, dental, and hearing services
- Wellness programs, such as gym memberships and fitness classes
- Home healthcare services
- Medical equipment and supplies
- Chronic disease management programs
- Preventive care services, including annual physicals and cancer screenings
Medicare Advantage plans typically have a network of providers and may have different rules for how beneficiaries receive services. Additionally, some Medicare Advantage plans may have lower out-of-pocket costs than Original Medicare, but may have more restrictions on coverage. It’s important to review plan benefits and restrictions carefully before enrolling in a Medicare Advantage plan.