Glossary of Health Care and Medical Terms
In many cases,
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A Medicare Private Fee-for-Service Plan is a Medicare Advantage Plan offered by a private insurance company. In a Medicare Private Fee-for-Service Plan, Medicare pays a set amount of money every month to the private insurance company to provide health care coverage. Medicare Private Fee-for-Service Plans must cover all medically-necessary services covered by Medicare Part A and Part B. It is not the same as a Medigap (Medicare Supplement Insurance) policy, Medicare SELECT, or Medicare Prescription Drug Plan.
Also see: Medicare, Medicare Advantage, FFS