Medicare Advantage, also called Part C, is an option within Medicare that allows Medicare-eligible seniors and individuals with disabilities to choose a private integrated managed care plan to receive their Medicare benefits, instead of receiving care through Traditional Fee-For-Service (FFS) Medicare. Medicare Advantage health plans are required to provide beneficiaries with all Part A (hospital insurance) and Part B (medical insurance) Medicare benefits.
Medicare Advantage provides the same benefits as FFS Medicare, with additional consumer protections, quality assessment, and supplemental benefits. Medicare Advantage possesses unique elements that make the program a valued option for nearly 20 million Medicare beneficiaries today. Medicare Advantage provides:
- Important consumer protections focused on access and coverage;
- Quality information for consumers to make informed decisions;
- High-value provider networks; and Innovative and flexible benefits aimed at improving care and health outcomes for chronically ill beneficiaries.