What is a Medicare Advantage plan?

A Medicare Advantage plan is a type of health insurance plan offered by private insurance companies and approved by Medicare. It is available in Washington state and is an alternative to the traditional Medicare fee-for-service program. Medicare Advantage plans provide coverage for a variety of services, including hospital care and medical care, such as doctor visits and preventive care services. The plans also cover prescription drugs, vision, and hearing services. The coverage and cost of these plans vary according to the specific plan. Medicare Advantage plans typically cost more than original Medicare, but they may cover more services than original Medicare. These plans may also provide extra benefits, such as coverage for dental, vision and hearing services, which original Medicare does not cover. The cost and coverage of a Medicare Advantage plan depends on the plan and the provider selected. Before signing up for a plan, it is important to compare several plans and providers to ensure that the plan fits your needs and budget. When signing up for a Medicare Advantage plan, it is also important to understand the out-of-pocket costs, such as copayments and deductibles, that are associated with the plan. It is also important to understand the doctor and hospital networks associated with the plan and make sure they are acceptable to you.

Related FAQs

What is health insurance?
What is a healthcare provider network?
What is a network-level appeal?
What is a coinsurance cap?
What is a health insurance rider?
What is a provider network?
What is an individual health insurance plan?
What is an independent review organization?
What is a medical necessity review?
What is a capitated plan?

What is a Medicare Advantage plan?

Related FAQs

Related Blog Posts