Medicare Part C
Medicare Part C is also known as Medicare Advantage.
MA or MAPD plans are managed by Private Insurance Companies instead of Medicare. The only requirement for an MA plan is they must offer equal to or better benefits than Original Medicare.
Medicare Advantage Types
Medicare Advantage Plans customarily offer additional benefits that Original Medicare does not. There are several types of Medicare Advantage Plans.
Medicare Part C cost?
Medicare Part C plans vary in cost. many plans today have a $0 premium. Some plans may have a premium and it all depends on your geographical location. All of these plans have a co-payment for services your receive
Talk to a Part C specialist at Senior Benefits Direct to see what is available to you!
There are multiple periods to enroll in a Medicare Advantage Plan. The two most common are when you first start Medicare and an AEP, Annual Enrollment Period, between October 15th and December 7th yearly.
There are also SEP, Special Enrollment Periods, where you may qualify to change plans or an Open Enrollment Period between January 1st and March 31st yearly.
Eligibility for Part C?
Anyone who has Original Medicare Part A and Part B qualifies for a Part C plan. There is no Medical Underwriting for Part C plans.
Medicare Advantage Co-pays?
All Medicare Advantage Plans have co-payments which vary by plan. The bonus is that they all have a maximum out of pocket. Meaning if your co-payment add up to the maximum out of pocket, the plan pays 100% of all Medical Cost beyond that point.