Medicare Part C or best known as Medicare Advantage is a type of Medicare health plan offered by a private company that contracts with Medicare to provide you with all your Part A and Part B benefits.
If you’re enrolled in a Medicare Advantage plan, Medicare services are solely covered through the private company and aren’t paid for under Original Medicare. Medicare Advantage comprises a variety of private health plans, most often HMO’s (Health Maintenance Organization) and PPO’s (Preferred Provider Organization). Every plan must cover all the same benefits that traditional Medicare covers. But the plans can charge different co-payments and offer extra benefits. Many of the insurance companies that offer these plans charge a monthly premium in addition to the Part B premium, but some don’t.