Which of the following statements is correct concerning Medicare Advantage plans?

Question

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Medicare Advantage Plans are offered by a variety of insurance companies, as an alternative to Medicare.The sponsoring company receives a payment from the Federal government for each person they enroll, in exchange for being responsible for that individual's medical expenses which would have been otherwise covered under Medicare.A variety of plans with varying coverages, regulations, and premiums are available.One cannot, however, purchase any such a plan, in addition to Medicare.It is an either/or option.The Affordable Care Act neither funds nor sponsors Medicare Advantage plans.Rather, these plans comprise a separate program although persons who have either Medicare Advantage or traditional Medicare coverage do meet the requirement for insurance under the ACA.An individual must qualify for Medicare in order to subscribe to a Medicare Advantage plan.

Which of the Following Statements Is Correct Concerning Medicare Advantage