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Medicare Part C, better known as Medicare Advantage, is an all-in-one alternative to Original Medicare. Medicare Advantage plans are sold by private insurance companies.
Medicare’s annual open enrollment for 2022 is underway, and both new enrollees and veteran seniors should carefully consider their options.
As millions of current and new Medicare beneficiaries evaluate the insurance that’s right for them, an expert offers some suggestions to avoid costly errors.
This is a key year to think about making a switch due to trends in Medicare Advantage plans, rising prescription costs and Medicare itself.
Medicare Advantage ( Medicare Part C, MA) is a type of health plan offered by Medicare-approved private companies that must follow rules set by Medicare. Most Medicare Advantage Plans include drug coverage (Part D). Under Part C, Medicare pays a sponsor a fixed payment. The sponsor then pays for the health care expenses of enrollees. Sponsors are allowed to vary the benefits from those ...
Medicare is a federal health insurance program in the United States for people age 65 or older and younger people with disabilities, including those with end stage renal disease and amyotrophic lateral sclerosis (ALS or Lou Gehrig's disease). It was begun in 1965 under the Social Security Administration and is now administered by the Centers for Medicare and Medicaid Services (CMS).
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