Medicare Advantage plans, also known as Part C, offer a unique alternative to Original Medicare (Part A and Part B). These plans are offered by private insurance companies and combine the coverage of both hospital insurance (Part A) and medical insurance (Part B) into a single, all-inclusive package.

What Makes Medicare Advantage Different?

• All-in-One Coverage: Unlike Original Medicare, where you may need to purchase separate supplemental insurance (like Medigap) to cover gaps in coverage, Medicare Advantage plans typically include most, if not all, of the benefits of Original Medicare.
• Extra Benefits: Many Medicare Advantage plans go beyond the standard Medicare coverage by offering extra benefits such as:Prescription drug coverage (Part D): Most plans include prescription drug coverage, which is often a separate purchase with Original Medicare.
• Dental, vision, and hearing coverage: These benefits are rarely covered by Original Medicare.
• Over-the-counter allowances: Some plans provide a monthly stipend for over-the-counter medications.
• Gym memberships and fitness programs: To encourage healthy living.

Important Considerations:

• Limited Networks: Medicare Advantage plans typically have a network of doctors, hospitals, and other healthcare providers that you must generally use to get full coverage.
• Open Enrollment: You can typically enroll in or switch Medicare Advantage plans during the Annual Enrollment Period (October 15th to December 7th).
• Plan Comparisons: It's crucial to carefully compare plans and their costs, benefits, and networks before making a decision.
• Consult with an Expert: Belle Vida Insurance is here to help you understand your options and choose the plan that best suits your needs and budget.