Medicare Advantage is also known as Medicare Part C. It is your best option if you desire something better than medicare coverage. You can get it from private insurance companies. [1] It is only offered to eligible individuals. Some health concerns can be taken care of by other advantage plans. The health concerns include:
- Prescription drug coverage
- Dental, vision, and hearing coverage
- Physical fitness coverage
- Other medical concerns
In some cases, Medicare Advantage plans are offered for free. These plans are termed free because they provide a $0 premium monthly to enroll in the program. For this reason, they are highly sought after by people who want to spend less on Medicare costs every month.
This article will discuss some benefits of Medicare Advantage plans, changes in costs you might encounter, and what makes you qualified for a free Medicare Part C plan. [2]
What Makes a Medicare Advantage Plan Accessible?
Medicare Part C plans that provide a $0 yearly premium are known as Free Medicare Advantage Plans. Unlike other Medicare offers, you don’t have to pay any amount yearly to apply for a free Medicare Advantage plan. It is often difficult to differentiate between a free program and a paid plan. However, most Medicare Part C plans provide parts A and B, prescription drugs, and other beneficial offers.
When an organization strikes a deal with Medicare, a certain amount of cash is provided for parts A and B insurance coverage. The organization can save money in other areas by utilizing in-network providers and giving extra savings to its member. This can lead to a free monthly premium. In most cases, companies use these free Medicare Advantage plans to advertise enticing savings to potential members.