Medicare Advantage Update: What’s New in 2022?

Medicare beneficiaries have more choices than ever, and with increased competition Medicare Advantage providers are getting more creative with their plan offerings to include meal services and transportation benefits, among others.

With more than 3,800 Medicare Advantage (Part C) plans available throughout the country, the

average Medicare beneficiary now has access to 39 Advantage plans, 31 of which include a Medicare Prescription Drug plan.

And thanks to recent changes in the law, plan providers are able to offer an increasing number of supplemental benefits that weren’t available before. According to a recent study from the Better Medicare Alliance, the number of plans offering at least one new supplemental benefit has risen 43% in 2022. These benefits are not available in traditional Medicare.

Medicare Advantage plans allow Medicare beneficiaries the option to access additional benefits over and above traditional Medicare (Part A and Part B). Now more than ever, it’s a good idea to take a look at these plans, especially for seniors who have special needs. Medicare Advantage Update- What’s New in 2022?