Medicare Advantage (MA) is a type of health insurance plan offered by private insurance companies that provides an alternative to Original Medicare (Part A and Part B) coverage. Medicare Advantage plans are sometimes called "Part C" because they combine Part A (hospital insurance) and Part B (medical insurance) into a single plan.
Medicare Advantage plans typically offer additional benefits that aren't covered by Original Medicare, such as vision, dental, hearing, and prescription drug coverage. These plans may also offer extra benefits such as wellness programs, gym memberships, and transportation to medical appointments.
Medicare Advantage Prescription Drug plans (MA-PDs) are a type of Medicare Advantage plan that includes prescription drug coverage. MA-PDs are similar to regular Medicare Advantage plans, but they also cover prescription drugs. These plans have a formulary (a list of covered drugs) and may have different copayments or restrictions on coverage for certain drugs.
It's important to note that not all Medicare Advantage plans are the same. Each plan has its own network of doctors and hospitals, its own set of covered services, and its own costs. Before enrolling in a Medicare Advantage plan, it's important to carefully review the plan's benefits, network, and costs to make sure it meets your needs.