Medicare Open Enrollment
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Enrollment begins October 15, 2019 and ends December 7, 2019. Coverage begins on January 1, 2020.
What is Medicare Advantage?
Medicare Advantage plans are offered by private insurance companies approved by Medicare. Medicare Advantage provides all your Part A (hospital insurance) and Part B (medical insurance) coverage. Some Medicare Advantage plans also often offer extra coverage such as vision, hearing, dental and/or health and wellness programs. Most Medicare Advantage plans also include Part D (prescription drug) coverage.
Is Medicare Advantage new?
The concept has been around since the 1970s, but was renamed “Medicare Advantage” in 2003. As of 2014, there were 15.7 million people enrolled in Medicare Advantage plans, accounting for about 30 percent of all Medicare beneficiaries.