Original Medicare vs. Medicare Advantage: | ||
Original Medicare | vs. | Medicare Advantage |
Federal government | Who offers the coverage | Private insurance companies |
Original Medicare includes Part A:
Part B:
|
What it covers | Medicare Advantage Plans can also offer
|
Part A is free for most people. The standard monthly premium for Medicare Part B enrollees is $164.90 in 2023. Medicare also charges |
What it costs | Each Medicare Advantage plan sets Plans have |
No. Generally speaking, Part B covers about 80 percent of a person’s health care costs, |
Annual cap on | Yes. Medicare Advantage plans |