Question

Part ____of Medicare is also known as Medicare Advantage.
A. C
B. A
C. D
D. B

Answer 1

Medicare Part C refers to Medicare Advantage, an alternative to Original Medicare provided through private insurance plans, including benefits like prescription drug coverage.

Step-by-step explanation:

Part C of Medicare is also known as Medicare Advantage. This option allows Medicare beneficiaries to receive their Part A (Hospital Insurance) and Part B (Supplementary Medical Insurance) benefits through a private health insurance plan. These Medicare Advantage Plans are an alternative to Original Medicare and often include additional benefits such as prescription drug coverage, often referred to as Part D.

Overview of Medicare Parts

• Part A: Covers hospital insurance and is mainly funded by a payroll tax.
• Part B: Offers supplementary medical insurance for non-hospital medical expenses, and it involves a monthly fee, deductible charges, and copayments.
• Part C: Known as Medicare Advantage, these plans are an alternative to Original Medicare and provided by private insurance companies.
• Part D: Covers prescription drugs as part of the Medicare Prescription Drug and Modernization Act.

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