InvesTrust Wealth Management

Increased Interest in Medicare Advantage Plans

January 14, 2021
by Mark Williams
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Medicare Advantage (Part C) plans are an alternative to Original Medicare, offered by private companies that contract with Medicare to provide Part A hospital insurance and Part B medical insurance benefits, and often include prescription drug coverage and extra benefits. Competitive bidding and changes in Medicare payments to these plans have led to improved benefits and a large increase in the percentage of beneficiaries who choose the private option.

The Big Bad Three

Source: Centers for Medicare & Medicaid Services, 2020

Prepared by Broadridge Advisor Solutions Copyright 2020.

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