Medicare Part C
Medicare Part C or Medicare Advantage Plans are insurance plans offered by private companies approved by Medicare
Important things to know about Medicare Part C
You must continue to pay your Medicare Part B premium. Medicare then gives your premium to your Insurance plan to help pay for your additional coverage.
Use of network health care and pharmacy providers is typically required. Using providers outside of the network may cost you more. In an emergency, you can use any provider.
A Medicare supplement insurance (Medigap policy) plan is not a Medicare Advantage plan.
Joining a Medicare Advantage plan may affect your current coverage
Members of a Medicare Advantage plan must present their member ID card, not their Original Medicare card, when receiving services. Combines Part A, B, and D into one plan with one card.
Even though Medicare Advantage plans are privately administered, you still have the same rights and protections as with Original Medicare.
Medicare Advantage plans must cover all the services that Original Medicare covers and may offer additional benefits. Important: Hospice care is still covered under Original Medicare.
Your plan's annual out-of-pocket maximum is your safety net that ensures you'll never pay more than a certain amount out of pocket in a given plan year for covered medical services.
When deciding on which Medicare Advantage plan to choose, you should consider speaking with a licensed agent to answer the following questions:
1. Are my doctors covered as In-Network providers?
2. Can I see a doctor outside of the network?
3. How much are co-pays and deductibles associated with my plan? How much are Part D prescription drug costs?
4. What additional benefits are offered by this plan?