In: Nursing
What is the main difference between traditional Medicare and Medicare Advantage?
Group of answer choices
Traditional Medicare includes all Parts (A, B, C, and D) but Medicare Advantage only includes Parts C and D
There are no differences between traditional Medicare and Medicare Advantage
Medicare Advantage uses fee-for-service and traditional Medicare uses managed care
Traditional Medicare uses fee-for-service and Medicare Advantage uses managed care
Option D-Traditional Medicare uses fee-for-service and Medicare Advantage uses managed care
In traditional medicare, the government directly pays for the health care services one recieved
Original Medicare( traditional Medicare,) works on the basis of fee-for-service . That is,One can go to any doctor or hospital , anywhere in US that accepts Medicare,They will pay a share of the bill for any Medicare services thatit covers.
Medicare Advantage started in 1995 by The federal government which created a way to give people more options. Here,Private health insurance companies sell Medicare Advantage plans,which are regulated by Federal Government.
Option A-Traditional Medicare includes all Parts (A, B, C, and D) but Medicare Advantage only includes Parts C and D is False because Medicare Advantage must includes Parts A and B
Option B-False -There are a lot of Differences between Traditional medicare and Medicare advantages
Option C-False because traditional medicare uses Fee for service basis
So Option D is the correct answer