5 Things to Know About Medicare Advantage Plans in 2021
More than 60 million people get health coverage through Medicare, about one-third of whom choose to get benefits through Medicare Advantage instead of original Medicare. Advantage plans are offered by private insurers and limit you to a specific network of providers, but can be more cost-effective than original Medicare. If you're thinking of getting an Advantage plan for 2021, here's what you need to know.
Medicare's annual open enrollment has been underway since mid-October, so if you're on original Medicare, explore your Advantage plan options and lock in coverage for the new year. You have until Dec. 7 to sign up for an Advantage plan. If you haven't begun the research process, now's the time to get moving.
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Source Fool.com