Medicare Advantage (MA) is health insurance for seniors aged 65+ delivered by private health plans who are contracted and reimbursed by CMS. Medicare Advantage plans are contracted to provide Medicare Part A and Part B benefits; most MA plans now also provide prescription drug coverage (Part D). Medicare Advantage differs from “Medigap” or “Med Supp” products that are also delivered through private health insurance companies but are meant to supplement traditional Medicare coverage and do not provide full Part A and B benefits.
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