Senior Benefits Guide

🟢 Speak with an agent today!

blog image

Decoding Medicare Advantage Plans: A Comprehensive Examination

June 23, 20232 min read

Decoding Medicare Advantage Plans: A Comprehensive Examination


Medicare Advantage Plans, often referred to as "Part C" or "MA plans," are an alternative to Original Medicare, offered by Medicare-approved private companies. These plans have seen a significant rise in popularity over the years, with nearly half of the eligible Medicare population enrolled in them as of 2022. This article aims to provide a thorough examination of Medicare Advantage Plans, their benefits, and considerations for choosing the right one.

Understanding Medicare Advantage Plans

Medicare Advantage Plans are available to individuals who have both Medicare Part A and Part B. These plans are offered by private companies that must adhere to rules set by Medicare. Most Medicare Advantage Plans include drug coverage, also known as Part D.

Before joining a Medicare Advantage Plan, it's crucial to discuss with your employer, union, or other benefits administrator about their rules. In some cases, joining a Medicare Advantage Plan might cause you to lose your employer or union coverage. If you lose employer or union coverage for yourself, you may also lose coverage for your spouse and dependents.

Types of Medicare Advantage Plans

There are several types of Medicare Advantage Plans, including Health Maintenance Organizations (HMOs), Preferred Provider Organizations (PPOs), Special Needs Plans (SNPs), Medicare Medical Savings Accounts (MSAs), and Private Fee-for-Service Plans (PFFS). Each plan type has different benefits and costs, and the availability of these plans can vary by location.

Changing Medicare Advantage Plans

Health needs can change over time, and so can the coverage areas and benefits of Medicare Advantage Plans. If you need to change your Medicare Advantage Plan, there are certain times each year when you can do so, and special circumstances that allow for a plan change.

Medicare Advantage Plans Enrollment Trends

Since 2006, the role of Medicare Advantage has steadily grown. In 2022, more than 28 million people are enrolled in a Medicare Advantage plan, accounting for nearly half or 48 percent of the eligible Medicare population. The average Medicare beneficiary in 2022 has access to 39 Medicare Advantage plans, the largest number of options available in more than a decade.


Medicare Advantage Plans offer a variety of benefits and can be a great choice for many individuals. However, it's important to thoroughly research and understand the specifics of each plan before making a decision. As Medicare Advantage takes on an even larger presence in the Medicare program, it will be increasingly important to assess how well Medicare’s current payment methodology for Medicare Advantage is working to enhance efficiency and hold down beneficiary costs and Medicare spending.

Medicare Advantage Plans
Back to Blog
Compare Medicare Advantage Plans

Copyright © 2024 Senior Benefits Guide All Rights Reserved.

204 Church St Suite 1A, Boonton NJ 07005

Disclaimer: This website is not affiliated with the Medicare/Medicaid program or any other government entity. The information provided on this website is for informational purposes only. It is not intended to be, nor does it constitute any kind of financial advice. Please seek advice from a qualified professional prior to making any financial decisions based on the information provided. This website acts as an independent digital media & advertising publisher. This webpage is formatted as an advertorial. An advertorial is an advertisement that is written in an editorial news format. PLEASE BE AWARE THAT THIS IS AN ADVERTISEMENT AND NOT AN ACTUAL NEWS ARTICLE, BLOG, OR CONSUMER PROTECTION UPDATE. This website MAY RECEIVE PAID COMPENSATION FOR CLICKS OR SALES PRODUCED FROM THE CONTENT FOUND ON THIS WEBPAGE. This compensation may affect which companies are displayed, the placement of advertisements, and their order of appearance. Any information, discounts, or price quotations listed may not be applicable in your location or if certain requirements are not met. Additionally, our advertisers may have additional qualification requirements.

Our goal is to provide exceptional service. One of our agents may reach out to you to discuss your order, ask for feedback, and/or see if you need any assistance with your products, services, or plans, at the phone number you provided regardless of your do-not-call list status. You may opt-out of further contact at any time by simply telling our customer service team that you would no longer like to be contacted. In the event that our team is unable to reach you by phone, they may send you a text message letting you know that we called. Both our text messages and phone calls may be sent or connected utilizing automated software. Carrier charges may apply. You may opt-out of any future contact via text message by replying anytime with "STOP".

Copyright © 2024 All Rights Reserved.