It’s common to hear about Medicare Advantage and Medicare. But are they the same? This is a good question since the type of insurance program will determine the services you will receive. With that in mind, today we discuss the differences between Medicare and Medicare Advantage and how they impact your healthcare coverage.
What Is Medicare?
Medicare is a federal health insurance program designed for people who are over 65 years old or have certain disabilities.
The Medicare program is the foundation of healthcare coverage for many retirees since it is available regardless of pre-existing medical conditions.
Medicare covers a wide range of healthcare services, including inpatient hospital care, outpatient care, medical equipment, and prescription medications.
There are typically two main parts of Medicare: Part A for hospital insurance, and Part B for medical insurance.
What Is Medicare Advantage?
Medicare Advantage, also referred to as Medicare Part C, is a health insurance alternative to traditional Medicare.
Medicare Advantage plans are offered by private insurance companies that are approved by Medicare, but they must provide coverage that is equal or better than Original Medicare.
These plans typically include Part A and B coverage, as well as additional benefits such as vision, dental, and prescription drug coverage.
Medicare vs Medicare Advantage
When choosing between Medicare and Medicare Advantage, there is no one-size-fits-all option. The choice depends on your healthcare needs and budget.
Medicare Advantage plans offer a more comprehensive healthcare coverage that can be more affordable than traditional Medicare plans.
The best way to decide which is right for you is to consider your healthcare needs, including any pre-existing conditions, and research the options available in your area.
Wrapping It Up
Understanding the difference between Medicare and Medicare Advantage can help you make an informed decision about your healthcare coverage.
The best choice depends on your healthcare needs and budget. Consultation with health care professionals can have the best insight on which program best meets a patients’ needs.
By understanding the differences between the two, you can make an informed decision that provides the best possible healthcare benefits for you and your family.
Need Help Making Sense of Medicare Advantage? Mint Insurance Agency Is Here To Help
We are an insurance agency dedicated to becoming a lifetime partner for your Medicare needs.
If you need assistance or want to learn more about the alternatives at your disposal, contact our licensed agents today or call 1.888.225.MINT (6468). Our team stands ready to answer all your questions.
