Reply #70: Medicare Advantage programs are insurance programs offered [View All]

[Maineman]

by private insurance companies who have a contract with Medicare to provide medical coverage to persons who are eligible for Medicare. They are subsidized with federal money and usually cost less that the Medicare Supplement plans - because of the subsidies that go to the private insurance companies. They are simpler because there is only one insurance entity to deal with. Even though I like the plan I have, I presume these plans are eating up additional federal money, and likely to get cut again in the near future.