- You can also join a Medicare Prescription Drug Plan (Medicare Part D) to add drug coverage.
For more information please call our office at 800-821-9876 or use our interactive online form
Medicare Advantage Plans (Part C)
Medicare Advantage Plans (MA) are run by private insurance companies approved by and under contract with Medicare (CMS). "Advantage Plans" provide your Part A - Hospital and Part B - Medical insurance coverage. With Medicare Advantage Plans you may pay a monthly premium. Some plans, however, have no monthly premium. In addition, there may be some cost share in the form of co-payments. For example, a $10 co-pay for a doctor visit or $100 per day co-pay for the hospital. Hospital co-pays are limited to a specific number of days, for example 5 days, after which the hospital is paid in full.
Medicare Advantage Plans have an out-of-pocket maximum. Once the out-of-pocket maximum is met all Medicare services are paid in full.
Medicare Advantage Plans may offer extra coverage (Dental and Vision) and prescription drug coverage (MAPD) for an extra cost. Cost for items and services vary by plan. All plans are not available in all areas. If you want Prescription Drug Coverage with a Medicare Advantage Plan you must get it through your plan. The only exception is a Private Fee For Service advantage plan (PFFS). With a PFFS plan you can purchase a "Stand Alone" prescription drug plan. This is the only exception. Keep in mind, once enrolled in a Medicare Advantage Plan you do not need and cannot use a Medicare Supplement (Medigap) policy.
There are specific guidelines pertaining to the purchase of Medicare Prescription Drug Plans.
If you are enrolled in a Medicare Advantage Plan with Prescription Drug Coverage (MAPD) and you complete and submit and enrollment form for a standalone prescription drug plan you will lose your Medicare Advantage Plan and be sent back to Original Medicare and enrolled in the prescription drug plan. This is only one of several variables. Please contact us for more information concerning plan changes. Call 800-821-9876
or use our interactive online form.