Medicare Advantage Plans

A Medicare Advantage Plan combines Medicare Parts A and B and often includes Part D.  Most if not all of the premium for these plans is paid for by Medicare.  These plans are contracted with Medicare and the plans pay portion that Medicare would typically to the doctor and hospital.  A member of these plans typically pays a fixed copayment for medical care instead of the standard Medicare deductibles and 20%.  

Since most Medicare Advantage plans include prescription drug coverage (Part D), it is not necessary for member of these plans to obtain a separate Part D coverage.

Related Subjects:

Medicare Basics

Medicare Part D

Medicare Supplements