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Medicare Advantage ( Medicare Part C, MA) is a type of health plan offered by Medicare-approved private companies that must follow rules set by Medicare. Most Medicare Advantage Plans include drug coverage (Part D). Under Part C, Medicare pays a sponsor a fixed payment. The sponsor then pays for the health care expenses of enrollees.
The federal government offers two enrollment periods every year for switching plans. Right now, Medicare Advantage enrollees can switch plans or transfer to traditional Medicare during the open ...
Already, 12% of people in Medicare Advantage plans said they couldn't afford care because of co-payments or deductibles, according to a new Commonwealth Fund report. Medicare Advantage ...
Health Savings Account. “Do this: Before you retire, invest in a health savings account (HSA) — funds you use for qualified medical expenses are tax-exempt: massage therapy, dentures, even ...
Rising Medicare Part D premiums come as retirees receive a much smaller Social Security cost-of-living adjustment in 2024 — 3.2% compared to the 8.7% increase in benefits they received in 2023 ...
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