Medicare Advantage, also known as Medicare Part C, is a plan provided by private insurance companies with the help from subsidies provided by the government so that the insurance company can design network-based plans at a low or zero premium.

These plans are generally designed with copays and coinsurance throughout the plans due to the client's cost-share when joining one of these plans. Most plans will include additional benefits at no extra cost to you, such as dental, vision, and hearing benefits, as an example.

So let's take a closer look at Medicare Advantage Plans.