Glossary - Page 8

The Medicare Medical Savings Account (MSA) is a specialized type of Medicare Advantage plan that offers an innovative approach to healthcare coverage.

Medicare Fraud is a serious and illegal activity that involves individuals or organizations deliberately deceiving the Medicare program for financial gain. It

The Medicare Card is a critical document issued by the Centers for Medicare & Medicaid Services (CMS) to eligible individuals enrolled in

The Medicare Advantage Open Enrollment Period (MA OEP) is a limited time frame that allows Medicare beneficiaries who are already enrolled in

A Medicare Advantage Drug Plan (MAPD), also known as a Medicare Advantage Prescription Drug plan, is a comprehensive healthcare option that combines

Medicare Advantage, also known as Medicare Part C, is a popular alternative to Original Medicare (Part A and Part B). Medicare Advantage

Medicare is a federal health insurance program in the United States, primarily designed to provide comprehensive healthcare coverage for individuals aged 65

The term “medically necessary” is a fundamental concept in the healthcare industry that defines the criteria under which medical services and treatments

Medicaid Spend-Down, also known as “Medically Needy” or “Share of Cost,” is a unique program within Medicaid that provides healthcare coverage to

Medicaid Buy-In is a specialized program within Medicaid that allows individuals with disabilities to “buy in” to the Medicaid program by paying