FAQ Friday: What is a Medicare Advantage Plan?

Published: April 27, 2018, 3:06 p.m.

b'A Medicare Advantage Plan is not a Supplement Plan, it is a private alternative to Medicare. A Medicare Advantage Plan will not pay the bills that Medicare would normally pay, instead a Medicare Advantage Plan will charge you a different deductible, different copays and different co-insurance compared to Medicare.\\n Medicare Advantage Plan Summary:\\n\\u2022\\tLow monthly premium. (Sometimes advertised as $0.00 per month)\\n\\u2022\\tYou will usually have to pay a fee every time you use the plan. ($15.00 copay for PCP visit, $300.00 per day each day you are in the hospital, etc.)\\n\\u2022\\tYou have to go to certain Doctors, Hospitals and Providers. (HMO or PPO Network)\\n\\u2022\\tYou will have to get prior authorizations for some procedures.\\n\\u2022\\tYou will have to get referrals to go see a specialist.'