debbiedowner
Gold Member
- Feb 12, 2017
- 12,137
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Nope, sorry. Everything I typed is true. I do health insurance all day 5 days a week.
How does Medicare Advantage work?
When you enroll in Medicare Advantage, Medicare pays the insurance company a portion of your Part A and Part B premiums. In return, the insurance company assumes responsibility for all your health care costs. Medicare Advantage essentially replaces Original Medicare.
Since insurance companies compete for Medicare Advantage members, they are incentivized to offer additional benefits to attract new enrollees. To pay for these extra benefits, these companies take steps to control health care costs. An approved provider network is one of the most common ways insurers lower health costs.