Medicare Advantage Plans (MAs) and Medicare Advantage Plans with Prescription Drug Coverage (MA-PDs) are health insurance options approved by Medicare and offered by private insurers. Medicare sets the guidelines for these plans and oversees the private companies that administer them. These plans are also known as Medicare Health Plans, Medicare Part C Plans, and, originally, Medicare+Choice plans. Medicare Advantage Plans combine coverage for hospital services (Medicare Part A) and doctor visits (Medicare Part B) into a single plan, providing the same medically necessary services as Original Medicare. Medicare Supplement Plans (Medigap) cover out-of-pocket costs not included in Original Medicare, like deductibles and coinsurance, helping you manage healthcare expenses with added financial protection.