Medicare Advantage
Medicare Advantage Plans
Under the Medicare Advantage (MA) program also known as Medicare Part C, private companies offer health plans that cover all Medicare Part A and Part B benefits. Many also cover Part D prescription drug benefits (MA-PD plans). All MA plans offer a maximum out-of pocket limit. Many MA plans also extra benefits that Medicare does not cover. The types of Medicare Advantage (MA) plans are Health Maintenance Organizations (HMOs), some HMOs have a point-of-service (POS) benefit; Preferred Provider Organizations (PPOs), local and regional; Private Fee-for-Service (PFFS) Plans; and Medical Savings Account (MSA) Plans.