Medicare Advantage Plan
/ˈmɛdɪˌkɛr ædˈvæntɪdʒ plæn/
Definitions
- (n.) A type of Medicare health plan offered by private companies that provides all Medicare Part A and Part B benefits and often additional services.
She enrolled in a Medicare Advantage plan to get extra coverage beyond traditional Medicare.
- (n.) A managed care option under Medicare that may include prescription drug coverage and other benefits for a fixed monthly premium.
The Medicare Advantage plan includes prescription drug coverage and vision benefits.
Forms
- medicare advantage plan
- medicare advantage plans
Related terms
See also
Commentary
Commonly called Medicare Part C; legal documents often emphasize the plan's contractual terms and compliance with federal regulations under the Medicare Modernization Act.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.