Medicare Advantage Plans to Offer More Supplemental Benefits in 2021
When it comes to enrolling in Medicare, you have choices. You can stick with original Medicare, which includes Parts A, B, and D, or you can sign up for Medicare Advantage, which will act as an all-encompassing healthcare plan. Medicare Advantage plans are required by law to offer at least the same level of coverage as original Medicare, and sometimes, they do that at a lower cost.
But many Advantage plans also offer supplemental benefits that original Medicare doesn't. And next year, as many as 34% of Advantage plans will fall into that category, partly due to the COVID-19 pandemic, reports consulting firm Avalere Health. As a result, it could be a good time to switch over to Medicare Advantage if you've previously been on the fence.
Image source: Getty Images.
Source Fool.com
