MEDICARE
PART C
MEDICARE ADVANTAGE
Part C gives you the option to choose a Medicare Advantage (MA) plan, in which you assign your medicare parts A and B benefits to a private health plan which administers your benefits on behalf of Medicare. A Medicare Cost plan is not a Medicare Advantage Plan.
MEDICARE
PART D
PRESCRIPTION DRUG COVERAGE
Part D will help pay the cost of prescription drugs that are on the health plan’s Part D formulary. You must choose whether or not to enroll in Part D and there are penalties for late enrollment.
Private health plans offer this coverage, but original Medicare does not, and there is an additional monthly premium for this coverage.