What is Medicare Advantage (Part C):
In addition to Medicare Part A and Medicare Part B, you should be educated about Medicare Part C. Medicare Advantage plans;
- Are not a supplemental insurance.
- Cover all the same services as Original Medicare except for hospice services.
- Traditionally cover many of the same benefits as a Medigap policy.
- Are managed by private insurance companies approved by Medicare.
- Require you be enrolled in Parts A and B to benefit from Medicare Advantage.
- Also Read: Q&A: Federal Retirement Planner Pros and Cons for Government Employees
- Also Read: Myth vs Fact: Social Security Claiming Checklist Steps for Federal Retirees
- Also Read: Beneficiary Designation Mistakes: Trends Impacting Federal Retirement Benefits
- Do not erase your Original Medicare coverage.
- Allow you to avoid the need for a Medigap policy.
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