What is a Medicare Advantage?
Medicare Advantage, also known as Medicare Part C, is a plan provided by private insurance companies with the help from subsidies provided by the government so that the insurance company can design network based plans at a various premiums.
These plans are normally designed with copays and coinsurance throughout the plans as a form of cost share that the client would assume when joining one of these plans. Most plans may offer additional benefits at no additional cost to you.
So let's take a closer look at Medicare Advantage Plans.
Medicare Advantage Upside:
It’s convenient to have a single plan for everything
The plan covers everything Original Medicare covers (hospital insurance and medical insurance) as well as emergency and urgent care. Medicare Advantage plans administer all of your parts A & B Original Medicare on behalf of the federal government.
Most plans also include prescription drug coverage, dental, vision, hearing, gym memberships and over the counter benefits
Your eligibility isn’t affected by health or financial status
Premiums vary
Medicare Advantage Down Side:
You’re restricted to certain doctors in your network (unless it’s an emergency)
Plan premiums can change from year to year
Difficult to switch to Medigap later on
Plan benefits can change from year to year
What kind of plans can I choose from?
See Which Plans Are In Your Area Today
Senior Benefits Consultants Copyright 2023 -- All Rights Reserved -- Privacy Policy
9380 Central Ave. NE # 314
Blaine, MN 55434
Phone: (612) 324-5757 Email:jason@seniorbenefitsconsultants.com