How Do Medicare Advantage Plans Work?

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    paul watkinss
    Participant
    How do Medicare Advantage Plans really work? Is there a secret handshake or a hidden door I’m missing?
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    Jackson Andrew
    Participant
    To join a Medicare Advantage plan, you must be eligible for Medicare Part A and enrolled in Medicare Part B. Typically, you can only enroll during specific enrollment periods, such as the Initial Coverage Election Period (ICEP), when you first become eligible for Medicare.

    Unlike Original Medicare, Medicare Advantage plans often have network restrictions. This means that you may need to use healthcare providers within the plan’s network to receive full benefits. However, some plans offer out-of-network coverage, though at a potentially higher cost.

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