Question

Which of the following defines a Medicare Advantage (MA) Plan?

(Select 3)
a. An MA Plan is part of Medicare and is also called Part C.
b. An MA Plan does not have to provide benefits equivalent to Original Medicare.
c. An MA Plan provides Medicare hospital and medical insurance (Medicare Part A and Part B) and often includes
Medicare prescription drug coverage (Part D).
d. An MA Plan is a health Plan option approved by Medicare and offered by private insurance companies.

Answer 1

A Medicare Advantage (MA) Plan, or Part C, is a Medicare program that provides benefits equivalent to Original Medicare through private insurance companies, commonly including hospital, medical, and prescription drug coverage.

Step-by-step explanation:

A Medicare Advantage (MA) Plan, also known as Part C, is a type of health insurance plan in the United States that provides an alternative way to receive your Medicare benefits. It includes the following three key components:

• An MA Plan is part of Medicare and is also called Part C (correct answer: a).
• An MA Plan provides Medicare hospital and medical insurance (Medicare Part A and Part B) and often includes Medicare prescription drug coverage (Part D) (correct answer: c).
• An MA Plan is a health Plan option approved by Medicare and offered by private insurance companies (correct answer: d).

On the other hand, it is not accurate to say that an MA Plan does not have to provide benefits equivalent to Original Medicare. MA Plans are required to cover all of the services that Original Medicare covers.