Medicare vs. Medicare Advantage
Medicare
- Fee-for-service plan
- Option to enroll in Part A alone or Parts A and B together
- Must enroll in Part D for prescription drug coverage
Medicare Advantage
- HMO, PPO, fee-for-service plan, special needs plan, or medical savings account
- Must be enrolled in Part A and Part B
- Covers more services than original Medicare
- Lower out-of-pocket expenses than original Medicare
- Some Medicare Advantage plans include prescription drug coverage