| Medicare managed care plan (i.e., HMO or PPO) that offers both Part A and Part B services and may be available with or without Part D prescription drug coverage. These plans were formerly known as Medicare + Choice plans, under Part C of Medicare. On average, Medicare Advantage plans save beneficiaries about $100 a month compared to fee-for-service Medicare, according to CMS. |
 Medicare Advantage Prescription Drug Plan (MA-PD) |
| A Medicare Advantage plan that is approved by CMS to offer Medicare Part D prescription drug benefits. |
| Medicare Approved Amount (MA-PD) |
| The amount, in the Original Medicare program, that a doctor or other health care provider is paid for a health care service including the deductible, co-insurance, and co-payment amounts that a beneficiary pays. The Medicare approved amount is the total that Medicare considers a reasonable amount for a health care service. |
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| Recommended Links: Medicare Advantage Medicare |
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