Insurance Companies Medicare Advantage. Medicare advantage plans, sometimes called medicare part c, are health care plans offered by private companies. Blue cross blue shield is another major national insurance provider with many medicare advantage plans in its portfolio.
Most medicare advantage plans include drug coverage (part d). If you choose a medicare advantage company that provides supplemental benefits, you will pay an additional monthly premium. The chart below highlights the largest sellers of medicare supplement insurance, as reported by the national association of insurance commissioners (naic).