Question:
How does a Medicare Advantage plan differ from Part A and/or B Medicare plans?
Answer:
The main difference is that it is offered by a private company that contracts with Medicare and not by the “original” Medicare plan operated by the federal government. Several types of plans are under this umbrella, including health maintenance organizations, preferred provider organizations, and private fee-for-service plans. Medicare Advantage Plans provide all Part A and Part B benefits.
CPT® copyright 2024 American Medical Association (AMA). All rights reserved.
Fee schedules, relative value units, conversion factors and/or related components are not assigned by the AMA, are not part of CPT, and the AMA is not recommending their use. The AMA does not directly or indirectly practice medicine or dispense medical services. The AMA assumes no liability for data contained or not contained herein.
CPT is a registered trademark of the American Medical Association.
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