Medicare Advantage Plan Deductibles: Are There Two?

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When you look at the details on a Medicare Advantage plan's Summary of Benefits, you'll see terms like "medical deductible," "maximum out of pocket," and "coinsurance." These terms represent amounts you are responsible for paying throughout the year as you seek medical treatment.

Most Advantage plans include a Part D drug benefit with a deductible and cost-sharing that you are responsible for when filling prescriptions at the pharmacy.

So, do Advantage plans have two deductibles?

Start (0:00)
Your medical deductible with Advantage plans (0:57)
Deductible vs. Maximum out-of-pocket (2:17)
Your drug deductible with Advantage plans (3:51)

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Thanks for clearing this up! It can definitely be confusing!

alexroland
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this makes much more sense now thank you

karadouglas
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If I get to keep my union insurance after I retire, would that be my advantage plan?

Mr._Rick
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This makes more sense now! Thanks Boomer Benefits

coreyparker