In 2022, 48% of Medicare beneficiaries were enrolled in Medicare Advantage plans instead of original Medicare, and experts predict that number will be higher in 2023.

Medicare Advantage plans are offered by private insurers and bundle Medicare benefits in a way many people find appealing — but they also limit care to network providers , often require preapproval to see specialists and can saddle beneficiaries with high out-of-pocket costs for serious conditions.

The number of older adults in Medicare Advantage is also notable because financial experts tend to recommend original Medicare with medigap.

Copyright 2023 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.

0
0
0
0
0