{"id":6920,"date":"2023-09-29T08:41:14","date_gmt":"2023-09-29T12:41:14","guid":{"rendered":"https:\/\/yourcarerep.com\/?p=6920"},"modified":"2023-09-29T08:41:14","modified_gmt":"2023-09-29T12:41:14","slug":"understanding-medicare-one-piece-at-a-time-part-5-medicare-advantage-part-c","status":"publish","type":"post","link":"https:\/\/yourcarerep.com\/agent-clone-template\/understanding-medicare-one-piece-at-a-time-part-5-medicare-advantage-part-c\/","title":{"rendered":"Understanding Medicare One Piece at A Time, Part 5: Medicare Advantage, Part C"},"content":{"rendered":"

Read the Fourth Article: Medicare Supplements<\/a><\/p>\n

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Okay\u2026we\u2019ve waded through Original Medicare Parts A and B, prescription drug plans \u2013 Part D, and MediGap plans, also known as Medicare Supplements. Now we get to the part most people want to know about \u2013 Medicare Advantage.<\/p>\n

Why do most people want to know more about it? Because Medicare Advantage has become the most popular way to receive one\u2019s benefits, because it includes many of the services you would have to buy additional coverage for (dental, vision, hearing, etc.), at no extra cost. Plus, it eliminates the cost of needing a Medicare Supplement (MediGap) and an individual prescription drug plan. The savings can add up to $200 to $400 per month, depending on whether or not you get a Part-B giveback, and which MediGap plan one would have chosen.<\/p>\n

So, What is Medicare Advantage?<\/strong><\/h2>\n

One day, oh, around 1997, the Medicare gods in the ivory tower said, in between bites of grapes and sips of wine, \u201cYou know, we have a mess! There are WAAAAYYY too many moving parts to juggle. We don\u2019t want to work that hard! There\u2019s Part A, Part B, Part D and MediGap\u2026and if they add a dental plan, THAT\u2019s FIVE policies to manage!\u201d<\/strong><\/p>\n

Then one god raised his cup and said, \u201cI have an idea! What if we certified traditional insurance companies like Humana, Aetna, UnitedHealthcare, Et al, and as long as they don\u2019t offer any less than we offer at the gracious CMS (Centers for Medicare and Medicaid Services) to our humble beneficiaries, and if they choose to offer more, they can (and they all do\u2026excuse me for interrupting the gods) \u2026then they can offer what we will call Part C, Medicare Advantage?\u201d And they all raised their goblets and said, \u201cHere, here!!! YAY!\u201d And Medicare Advantage was born with the Balance Budget Act of 1997. However, it would not go into effect until January of 1999.<\/p>\n

What Makes Medicare Advantage So Popular?<\/strong><\/h2>\n

Medicare Advantage plans offer so much under one umbrella. It includes:<\/p>\n