How To Choose A Medicare Advantage Plan

How to Choose a Medicare Advantage Plan

The 7 key steps to choosing the best Medicare Advantage Plan for your circumstances:

1.Check with your medical providers and ask if they accept the plan you are considering.

2.Consider Medicare Part D Prescription Coverage and determine whether to get a Medicare Advantage Plan with our without prescription coverage.

3.Consider the types of plans. You can select a Health Maintenance Organization, a Cost Plan (which is a type of Health Maintenance Organization), Preferred Provider Organization, Private Fee for Service Plan or a Special Needs Plan.

4.Get a Medicare Advantage cost comparison. For a free cost comparison of all the top rated insurance carriers call MediGap Advisors at 866-681-7712 or got to our website shown in the resources box of this page.

5.Ask about protections against unlimited co-pays for expensive care. Find out whether the plan you are considering has an out-of-pocket limit or not.

6.Be aware of all Medicare timelines. The annual enrollment period for Medicare Advantage Plans is November 15 through December 31. To find out about special enrollment periods for your particular circumstances, such as moving out of your Advantage Plans area.

7.Get help from your local state health insurance program or call MediGap Advisors at 866-681-7712 to speak with a professional advisor.

There are 3 big benefits of a Medicare Advantage Plan:

1.A Medicare Advantage Plan may have a low or even $0 premium.

2.Most Medicare beneficiaries are guaranteed acceptance.

3.An Advantage Plan may offer more benefits than Medicare.

A Medicare Advantage Plan can replace Medicare Part A and Part B. Medicare Advantage Plans are known as Medicare Part C.

A Medicare Advantage Plan means NO HEALTH QUESTIONS. With the exception of end stage renal disease, Medicare beneficiaries are guaranteed acceptance. That’s true when you qualify for Medicare because you are 65. It’s also true if you qualify for Medicare due to disabilities.

A Medicare Advantage plan may offer dental and vision benefits and some plans offer more coverage for doctor visits and hospital stays. It may also cover more diagnostic tests than Medicare. Some plans offer more inpatient and outpatient services. Some Advantage Plans may even give you a free health club membership.

You need to may sure you know your Medicare Advantage Plan before you enroll. It’s important to be aware that some plans may restrict the doctors and hospitals you can use. If you need a doctor who is out-of-network you will owe 100% of the bills. Most plans charge you a co-pay to see a doctor or to go to the hospital. The premiums for Medicare Advantage Plans are expected to rise as government subsidies end.

Each Medicare Advantage Plan has different rules. MediGap Advisors can help you find out how a plan works before you enroll. Call 866-681-7712 to speak with one of our Professional Advisor.