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What is the main difference between traditional Medicare and Medicare Advantage? Group of answer choices Traditional...

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

Solutions

Expert Solution

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


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