What You Need to Know
- Sometimes, you have to start by talking about the most basic of basics.
- Many clients have no idea what Medicare Advantage is.
- One point to make is that Medicare Advantage plans have provider networks.
Medicare Advantage Plans are another way to get your Medicare Part A and Part B coverage. Enrollment in these plans has more than doubled within the past 10 years, and nearly half of Medicare beneficiaries are now enrolled in these private plans, according to government data.
Despite this surge in enrollment, many Americans already eligible for Medicare, as well as those who will be soon, don’t know much about Medicare Advantage plans or how the benefits differ from those offered under original Medicare.
Here are a couple of basic but important questions probably on the minds of those current and future clients who are trying to make the best and most cost-effective choice regarding their health coverage.
What is the difference between Medicare Advantage and original Medicare? How are the benefits they offer different?