1. 63254 POINTS
    Peggy MacePRO
    CEO and Senior Agent, Outlook Life, Inc, Most of the U.S.
    The concept of Medicare Advantage Plans originated in 1997 with the passage of the Balanced Budget Act. At that time, Medicare recipients were offered the choice to get Part C (the common name for Medicare+Choice) from a private insurer. In 2003 the Medicare Prescription Drug, Improvement and Modernization Act made some changes for the insurers that offer these plans. At that time, Medicare+Choice Plans changed to be called Medicare Advantage Plans.
    Answered on May 2, 2013
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