Medicare Advantage — 2026

Medicare Advantage Guide 2026:
Plans, Costs & Enrollment Explained

Everything you need to know about Medicare Advantage — how it works, what it covers, and how to choose the right plan.

✅ Last Reviewed: March 2026 — Updated for 2026 Open Enrollment • Sources: CMS.gov, Healthcare.gov, KFF.org, Medicare.gov

What Is Medicare Advantage?

Medicare Advantage (also called Medicare Part C) is an alternative way to get your Medicare coverage through a private insurance company approved by Medicare. Instead of receiving your benefits directly from the federal government through Original Medicare (Parts A and B), you enroll in a Medicare Advantage plan that provides all your Part A and Part B benefits — and usually much more.

In 2026, more than 33 million Americans are enrolled in Medicare Advantage plans, representing over 54% of all Medicare beneficiaries. The primary appeal: most plans offer $0 monthly premiums, and many include additional benefits like dental, vision, hearing, and prescription drug coverage that Original Medicare does not provide.

Medicare Advantage vs. Original Medicare

The fundamental choice every Medicare-eligible person faces is whether to stay with Original Medicare (Parts A & B, plus optional Part D for drugs and Medigap for supplemental coverage) or switch to a Medicare Advantage plan. See our detailed Medicare Advantage vs Original Medicare comparison for a full breakdown.

Key differences at a glance:

Types of Medicare Advantage Plans

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Medicare Advantage Costs Explained

Even with a $0 premium plan, you still pay certain costs when you use care. Understanding these helps you estimate your total annual spend:

Read our full Medicare Advantage costs guide for a detailed breakdown by plan type.

Prescription Drug Coverage (MAPD)

Most Medicare Advantage plans include Part D prescription drug coverage — these are often called MAPD plans (Medicare Advantage + Prescription Drug). If you're on regular medications, choosing a plan that includes drug coverage in your premium is often more cost-effective than buying a separate Part D plan. See our guide on Medicare Advantage prescription drug coverage to compare formularies and drug tiers.

Extra Benefits Most People Don't Know About

Medicare Advantage plans frequently offer supplemental benefits that Original Medicare doesn't cover:

See our guide on Medicare Advantage dental and vision benefits for plan comparisons.

Medicare Advantage Enrollment Periods

You can enroll in or change Medicare Advantage plans during specific windows:

Full details in our Medicare Advantage enrollment guide.

Medicare Advantage Star Ratings

Medicare rates every Medicare Advantage plan annually on a 1–5 star scale based on quality measures including customer satisfaction, chronic condition management, and preventive care. Plans rated 4 stars or above are generally considered high quality. See our Medicare Advantage star ratings guide to understand what the ratings mean and how to use them when choosing a plan.

Medicare Advantage vs. Medigap (Supplemental Insurance)

Some people prefer to keep Original Medicare and add a Medigap (Medicare Supplement) policy to cover the gaps in Original Medicare coverage. This strategy offers maximum provider flexibility but usually costs more per month. Read our Medicare Advantage vs. Medigap comparison to decide which approach fits your health needs and budget.

All Medicare Advantage Topics