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Do I need Medicare Part B if I have an advantage plan?

You must have Medicare Part A (Hospital Insurance) and Part B (Medical Insurance) to join a Medicare Advantage Plan.

What are two disadvantages of Medicare?

You might not be able to choose when to be admitted. Medicare doesn't include ambulance service costs. Medicare won't cover you for private patient hospital costs, such as theatre fees and accommodation. It won't cover you for medical and hospital costs you incur in another country.

What are two major problems with respect to the future of Medicare?

Financing care for future generations is perhaps the greatest challenge facing Medicare, due to sustained increases in health care costs, the aging of the U.S. population, and the declining ratio of workers to beneficiaries.

What problem was the Medicare program?

The special economic problem which stimulated the development of Medicare is that health costs increase greatly in old age when, at the same time, income almost always declines. The cost of adequate private health insurance, if paid for in old age, is more than most older persons can afford.

What is the future of Medicare Advantage?

Medicare Advantage will likely enroll the majority of beneficiaries by 2030,1 making it the dominant delivery system used in Medicare.

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