Medicare Advantage Plans: Paying for Coverage
What are the out-of-pocket costs on a Medicare Advantage plan?
When you're a member of a Medicare Advantage plan, you'll have to pay certain costs for your care. For example, the plan you select may have a monthly premium. You'll also be responsible for cost-sharing (copays or coinsurance) on medical services such as doctor office visits and prescription drugs. Your costs will vary depending on the plan you choose. For more details, refer to the Summary of Benefits or Evidence of Coverage.
What kind of financial help is available?
Medicare provides assistance in paying for prescription drugs for individuals with limited income and resources. This assistance is called "Extra Help."
Do I qualify for Extra Help?
You may be able to get Extra Help to pay for your Medicare plan premiums and expenses, including prescription drug costs. Call 1-800-MEDICARE (1-800-633-4227) to see if you qualify. TTY/TDD users call 1-877-486-2048, 24 hours a day, 7 days a week. You can also call the Social Security Administration at 1-800-772-1213 between 7 am and 7 pm, Monday through Friday. TTY/TDD users call 1-800-325-0778, or call your State Medicare Office.