Why is Medicare Advantage so popular?

Medicare Advantage plans offer a convenient way to bundle everything Medicare has to offer under one plan.

Why Is Medicare Advantage So Popular? Would you be surprised to know that in 2018, more than 35 percent of Medicare beneficiaries enrolled in a Medicare Advantage (Part C) plan? What is Medicare Advantage? Medicare Advantage plans offer a convenient way to bundle everything Medicare has to offer under one plan. While original Medicare (parts A and B) covers only hospital and medical insurance, Medicare Advantage plans can offer additional healthcare coverage, like coverage of prescription drugs and yearly dental and vision services, which you likely need anyway. Many Medicare Advantage plans also offer extra plan perks, such as coverage of gym memberships and even transportation to and from medical appointments. However, the additional coverage and costs of Medicare Advantage plans aren't for everyone. One of these factors might make Medicare Advantage a good option for you: If you need more coverage than what original Medicare has to offer, the additional benefits of a Medicare Advantage plan can help ensure your healthcare needs are being met. If a different plan structure, such as a Health Maintenance Organization (HMO) plan, Preferred Provider Organization (PPO) plan, or even Special Needs Plan (SNP), might better meet your financial or coverage needs. If you frequently require lab testing or rely on durable medical equipment, such as glucose monitoring for diabetes or a walker or wheelchair, research has suggested that Medicare Advantage plans can help you save money on these services. Here are two things to consider before making the decision to enroll: First, unlike the nationwide coverage that original Medicare offers, Medicare Advantage plans cover services only in the state where you enroll. Second, you can't use a Medigap plan along with a Medicare Advantage plan to help cover the costs of your services — you can only have one or the other. In the next email, we'll discuss what you need to know about prescription drug coverage before you choose your Medicare plan. Until tomorrow, The Healthline Team Learn more about Medicare and find answers to your questions. GUIDE TO MEDICARE Read These Next Compare Medicare Advantage Plans READ ON Key Differences Between Medicare Advantage and Medicare Supplement Plans READ ON Medicare Advantage Plans: What They Cover READ ON What Is Better, Traditional Medicare or Medicare Advantage? READ ON

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