Medicare Advantage plans offer expanded benefits for your needs.

Medical Advantage Plans - Smiling Young Doctor Sits at Her Office Desk and Talks with an Elderly Female Patient about Her Healthcare Options

Home » Medicare » Medicare Advantage Plans

Medicare Advantage plans are alternatives to Original Medicare.

What is a Medicare Advantage plan?

These are plans that usually act as a bundle for Medicare Parts A and B. In many cases, they may also include Part D and prescription drug benefits. Some plans may also include vision, hearing, and dental plans, making them more attractive than Original Medicare, which does not offer these benefits.

What are the benefits of a Medicare Advantage plan?

In addition to the expanded coverage noted above, there are other reasons a person may choose to enroll in an Advantage plan. While Original Medicare requires you to see a Medicare provider, some Advantage plans allow for out-of-network coverage, although this tends to cost more. Unlike Original Medicare, Advantage plans often have limits on out-of-pocket costs, which can take some of the guesswork out of anticipating expenses for those on a fixed income. Here are more examples of benefits:

  • Plans may cost less.
  • Plans may offer more coverage options.
  • Plans may combine health and prescription coverage.

How do Medicare Advantage plans work?

These plans contract with Medicare and also follow the Medicare rules and regulations. They are also reimbursed by the United States government. These plans can charge different premiums, copays, and deductibles than Original Medicare, and these will often differ from plan to plan. The plans are provided through private insurance companies, which allows someone who has Parts A, B, and D to have all their coverage managed by one company.

Additional things to know about Medicare Advantage.

It is possible to buy an Advantage plan that does not include prescription drug coverage. If you enroll in one that does not, such as a Medical Savings Account plan or a fee-for-service plan, you can still enroll in a separate Part D plan. However, if your Advantage plan does offer prescription drug coverage and you enroll in a separate Part D plan, you’ll be disenrolled from your Advantage plan and be placed into Original Medicare.

Medicare Advantage and Medicare supplement plans.

Advantage plans do not work with Medigap (Medicare Supplement Insurance) plans. Medigap plans are designed to cover out-of-pocket costs like deductibles, coinsurance, and copayments of Original Medicare. They cannot pay for the out-of-pocket costs of Medicare Advantage plans.

If you’d like to explore your options with Medicare Advantage plans, contact us to learn more.

Medicare Self Enrollment

Finding the right Medicare plan for you is easy.

Get Started

Dental and Vision

Find affordable dental insurance and vision plans.

Get a Quote

Contact Dave Peters Insurance Inc.

Our Gray, TN Office

110 Industrial Road, Suite 2
Gray, TN 37615

Let's Get Started

  1. Step 1Fill out the form.
  2. Step 2Review your options with us.
  3. Step 3Get the coverage you need.

Medicare Advantage Plans Quote Request

Name
Please do not include sensitive, private information in this area.
This field is for validation purposes and should be left unchanged.

Don’t like forms? Contact us at 423-477-8000 or dave@davepetersinsurance.com.