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Medicare Advantage Plans to Offer More Supplemental Benefits in 2021 - Motley Fool

Medicare Advantage Plans to Offer More Supplemental Benefits in 2021 - Motley Fool

Medicare Advantage Plans to Offer More Supplemental Benefits in 2021 - Motley Fool
Oct 24, 2020 39 secs

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.

Many Advantage plans offer coverage beyond original Medicare, and in 2021, we could see an uptick in added benefits.

Most Advantage plans will also cover some key services that original Medicare doesn't.

For example, in 2021, 98% of Advantage plans will offer vision benefits -- a service original Medicare won't pay for.

If you start 2021 off with a new Advantage plan and find after a couple of months that it doesn't meet your needs, you'll have until the end of March to switch to a different Advantage plan or go back to original Medicare.

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