Medicare Advantage Plans, also called Medicare Part C plans, are an alternative to Original Medicare, and it offers a solution to those people who feel inadequately covered. Again, one may be okay with Original Medicare, but as the years go by, chances of requiring a high coverage plan keep tricking in.
To understand this further, we are going to explain what Advantage cover is all about so that you can make an informed decision that would offer you help for the better part of the year.
How to Get Medicare Advantage
Medicare Advantage Plans are offered by private insurance companies to offer for those plans that would be a perfect alternative of Original Medicare. Medicare designs how Advantage plans will offer the plan, but the pricing is done by the company selling the product.
To become eligible for an Advantage plan, you must have attained 65 years. You must also have an active Medicare Plan because it will form the base for the Advantage plans. On the other hand, you should ensure that you do not have an overlapping plan as at the time of application because they happen to be incompatible, and Medicare does not approve for anyone to subscribe for two overlapping plans.
An example of such is the supplement plan where if you have to sign up for the Medicare Advantage plan, then the only solution is to drop the supplement plan.
There are two main enrollment periods that you can sign up for an Advantage plan. The first one is the initial enrollment period, which starts three months before your 65th birthday and ends three months after your 65th birthday celebration.
The other plan is the open enrollment period. Which takes place between October 15th and December 7th? The plan runs for a full year, and one is expected to do any renewals during the Open enrollment period in the subsequent years.
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How Medicare Advantage Will Cover You
Medicare Advantage Plan is one of the most comprehensive coverage you can find among the many available plans.
They are also cheaper compared to most plans, and you may be surprised to find that some go at a very low premium while others cost as little as $0 monthly. But this leaves you to pay for a deductible if not paying for any premiums.
Medicare Advantage, therefore, will cover you for all Medicare Part A and Part B costs, which Medicare offers as the basic plan. Other benefits include inpatient and outpatient services, for instance, the x-ray services, doctor visits, medications, and many others. You also get covered for emergency medical services, and the urgently needed care altogether.
Apart from these benefits, Medicare Advantage plans carry the Medicare Part D drug prescription costs, which is a drug coverage that saves seniors on a tremendous amount of money. This can be purchased as an inbuilt Medicare Advantage plan, or you can also purchase it as a standalone plan even when you have the Advantage plan.
Besides these plans, you will find that Medicare Advantage plans to come along with other benefits such as the annual checkups, general wellness, dental checkups, hearing aids, and many more plans.
You can also find many other plans depending on the type of company you are dealing with, and many of them will be covering plans that fit you, and others will offer lucrative perks that you will enjoy.
The Advantage Network
Medicare Advantage Plans have a network coverage under which all the medical providers operate in. Since the network coverage is limited, you will find that some providers are not in the panelist and may not offer you the coverage around where you live. Therefore, it’s important to see to it that you check before signing, that there are available providers in your area which will offer you the services at the time of need.
You need to be careful because if you go outside the network, you may not be fully covered and using a lot from your pockets. These plans are offered in different options.
The most popular are the HMO and PPO options.
Under HMO options, you are fully covered within the network, but the PPO option accepts partial coverage for off the network plans. However, this plan calls for extra coverage in terms of costs. This solves a problem for those seniors who live in areas where network coverage is limited or those who keep on traveling due to the nature of their work.
In such a case, determining the plan to settle for will depend on where you live and the network availability. You will also find people signing up with the larger organization because they offer extensive coverage and will be sufficiently covered.
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Where to Buy Your Medicare Advantage Plans
Choosing the right insurance company can be a tight affair, but this does not have to worry you much. Our site has a list of these companies, and you can check from them and see who is offering the price that you are comfortable signing for.
We also keep on updating our plans to see to it that you get as much information as possible to know whether you could change to a better deal in the year to come, or whether if you are okay with the existing deal.
We will expound on several companies and give you an overview of what to look for when looking for healthcare coverage.
Humana is the first company that we have on line. This is a company that offers comprehensive coverage, and it’s well known for providing competitive prices and excellent customer care services. Their major plans are the Humana Gold Choice, Humana Gold Plus, and Humana Choice pro.
The other company is the AARP / United healthcare insurance company, which is well known for a comprehensive network coverage, and being the largest company in the country. You will not have a challenge with network availability once you sign up with AARP.
We also have the BCBS Company, the Blue Cross Blue Shield Company, which sells lots of Medicare plans in different names such as the Blue saver, Blue Value, Blue Advantage, and many more. It’s divided into smaller companies to make its network coverage extensive and reach even to the remote areas in the country. It’s a nonprofit-making company, and its heart for the members is a top priority.
Kaiser is also another company that calls the Medicare Advantage plan as Medi-Cal or Advantage Plus. It offers unique plans such as accessing benefits from Medical professionals, which is hardly available to most of the insurance companies.
These are but a few, but the main idea is to give you an overview of the available companies. To get more on these, we request you to visit our website and see the list of plans and the companies selling them. We also update the costs of each one of them to help you compare, offering the best deal at a specific period.
Let Us Help You
Having good health coverage is important for every senior, and Medicare Advantage could be the best choice for you. Remember that healthcare costs are on a daily rise, and signing up for a Medicare Advantage plan will help you save on such expenses.
Make sure that you use or resource from our website and stay informed. Our search tools are free and easy to use, and you will be in a position to make the right decision, and at the same time, insure with the best insurer.
You can also call us for further clarification, and we will be ready to support you in all ways possible.