From junk mail to Joe Namath commercials, you’ve likely heard a lot of buzz around Medicare Advantage plans—and it’s not unwarranted! Where certain Supplements used to be considered the “Cadillac” of Medicare plans, times are changing. Medicare Advantage offers wide networks, low costs, and all-in-one coverage. Thanks to funding from the federal government, Medicare Advantage plans continue to become stronger every year by offering greater value and enhanced benefits.
Medicare Advantage plans typically provide benefits worth over $1,200 annually. Insurance companies have greatly enhanced their Medicare Advantage benefits. Some benefits you might expect to see include a grocery gift card and dental, vision, and hearing flex spending. These perks are on top of Medicare Advantage’s existing benefits—often including dental, vision, hearing, and prescription drug coverage, telehealth, fitness memberships, over-the-counter allowances, and more.