Medicare Advantage Plans
- Combine Medicare Part A and Part B often called Part C or MA plans.
- Most Medicare Advantage plans include drug coverage (Part D) MAPD
- Medicare Advantage plans usually have participating network providers at lower cost co-pays than non-network providers.
Common types of Medicare Advantage Plans
- Health Maintenance Organization (HMO) Plans
- HMO Point of Service (HMO-POS)
- Preferred Provider Organization (PPO) Plans
- Private Fee-for-Service (PFFS) Plans
- Special Needs Plans (SNPs)
- Dual Special Needs Plans (DSNPs) Medicare/Medicaid (Dual-eligible)
- Medicare Medical Savings Account (MSA)
Join, switch, or drop a Medicare Advantage Plan
- Initial Enrollment Period. When you first become eligible for Medicare, you can join a plan
- Open Enrollment Period. From October 15 – December 7 each year, you can join, switch, or drop a plan. Your coverage will begin on January 1 (as long as the plan gets your request by December 7).
- Medicare Advantage Open Enrollment Period. From January 1 – March 31 each year, if you’re enrolled in a Medicare Advantage Plan, you can switch to a different Medicare Advantage Plan or switch to Original Medicare (and join a separate Medicare drug plan) once during this time.