Plain-English definitions for every Medicare term — from ABN to ZIP enrollment. No jargon, no confusion.
Terms starting with "M" — 4 terms
An alternative to Original Medicare offered by private insurance companies approved by Medicare. These plans (also called Part C) must cover all services that Original Medicare covers but often include extra benefits like dental, vision, and hearing. Most plans include drug coverage.
Also known as: Part C, MA plan
A Medicare Advantage plan that bundles medical coverage (Part A and B) together with prescription drug coverage (Part D) into a single plan.
Also known as: MA-PD
A type of Medicare health plan, less common than Medicare Advantage, in which members can use plan providers for lower cost-sharing or go outside the network and have services covered under Original Medicare instead.
Also known as: Cost Plan
The formal name for Medicare Advantage. A type of Medicare coverage offered by private insurers that combines Part A, Part B, and usually Part D coverage into one plan.
Also known as: Medicare Advantage
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