Don’t Make These Medicare Advantage Mistakes

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According to Medicare.gov, a Medicare Advantage plan is a type of Medicare health plan offered by a private company that contracts with Medicare to provide you with all your Part A and Part B benefits. Medicare Advantage Plans include Health Maintenance Organizations, Preferred Provider Organizations, Private Fee-for-Service Plans, Special Needs Plans, and Medicare Medical Savings Account Plans. If you’re enrolled in a Medicare Advantage Plan, most Medicare services are covered through the plan and aren’t paid for under Original Medicare. Most Medicare Advantage Plans offer prescription drug coverage.

Selena Maranjian of The Motley Fool does a great job of explaining which Medicare Advantage moves you shouldn’t make below:

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