What are the differences between Medicare Advantage and Original Medicare?

What are the differences between Medicare Advantage and Original Medicare?

Medicare Advantage plans are offered by private companies and include all benefits of Original Medicare, plus additional services. Original Medicare consists of Part A (hospital insurance) and Part B (medical insurance) but does not cover everything.

Which one is better for me?

It depends on your healthcare needs. Medicare Advantage may offer more benefits, but Original Medicare gives you more flexibility in choosing providers.

Are there any additional costs with Medicare Advantage?

Yes, Medicare Advantage plans often have premiums, deductibles, and copayments, which can vary by plan. It's important to review the specific plan details.

Can I switch between the two plans?

Yes, you can switch between Medicare Advantage and Original Medicare during the Open Enrollment Period, which runs from October 15 to December 7 each year.