• icon-facebook
  • icon-twitter
  • icon-instragram
  • icon-pinterest
  • icon-youtube
Speak with a licensed sales agent
1-800-991-4407 / TTY 711
8 a.m. to 9 p.m. Eastern, Monday to Friday

Enter Zip Code


Please enter your zip so we can connect you with a licensed agent in your area.

** Denotes Required Field

call-us increase-size decrease-size contact-us fullscreen minimize close

"easyMedicare made getting the coverage I deserved easy and saved me a great deal of money."

- Joe Theismann

Joe Theismann - NFL MVP and Super Bowl Champion

Paid Endorsement

Medicare Advantage Online: 3 Ways Beneficiaries Are Saving Money With Medicare Advantage Plans

When are Medicare Special Enrollment Periods?

Cost is typically an important consideration when Medicare beneficiaries are looking for a healthcare plan, including when you’re researching Medicare Advantage online. You may be wondering if a Medicare Advantage Plan can save you money. Read on to find out about three ways Medicare Advantage Plans are decreasing healthcare expenses for many Medicare beneficiaries.

1. Lower Out-Of-Pocket Costs

The Centers for Medicare and Medicaid Services (CMS) report 2020 premiums for Medicare Advantage Plans are the lowest they’ve been in 13 years, with the average premium being around $23 per month. They also report half of all Medicare Advantage Plan enrollees pay no premium at all. And while, Original Medicare Parts A and B don’t include prescription drug coverage, according to the Kaiser Family Foundation, 93 percent of Medicare beneficiaries have access to a Medicare Advantage Plan that includes prescription drug coverage (MA-PD) with a $0 premium in 2020. You’re still required to pay your Medicare Part B premium.

In addition to premiums, studies show Medicare beneficiaries may have lower out-of-pocket costs with Medicare Advantage. According to ATI Advisory, a healthcare research and advisory services firm, Medicare Advantage beneficiaries report spending $1,598 less in total annual health spending than beneficiaries enrolled in Original Medicare Parts A and B (based on 2017 survey data, the most recent year available). Specifically, Medicare beneficiary participants enrolled in Original Medicare paid $4,685 in health expenses in 2017, while Medicare Advantage enrollees paid just $3,087. These totals include both premiums and out-of-pocket costs.

In this same survey, Medicare Advantage beneficiaries report similar levels of satisfaction with the quality of healthcare and ease of getting to the doctor as Original Medicare beneficiaries. Some Medicare beneficiaries enroll in a Medicare Supplement, also known as a Medigap Plan, to help pay for out-of-pocket costs not covered by Original Medicare but these plans come with additional premiums, copays, and deductibles.

2. More Benefits for Little to No Extra Cost

In addition to prescription drug coverage, Original Medicare doesn’t include …

To find out what benefits Original Medicare doesn’t include, and discover other ways to save, continue reading Medicare Advantage Online: 3 Ways Beneficiaries Are Saving With Medicare Advantage Plans.