When looking into Medicare insurance plans, you might come across something known as Medicare Advantage. This differs from Original Medicare in some ways and can be highly beneficial for some Medicare users, especially those looking for a more comprehensive plan. Figuring out the differences isn’t always easy because insurance language can be complicated, and there is an abundance of information online, but not all of it is always accurate. So what exactly is Medicare Advantage?
Coverage That Goes Further
A major benefit of Medicare Advantage is that it is a more comprehensive plan with coverage that goes further than standard Medicare plans. These plans offer coverage for other aspects of physical health such as vision, hearing, and dental. Medicare Advantage is also open to those with chronic illnesses and may provide extra benefits, and can also cover extra aspects such as transportation and services that promote health and wellness, such as gym memberships. They can offer medication coverage, so you’re not sacrificing essential healthcare for the extra benefits.
Limited Out-of-Pocket Expense
How much a Medicare Advantage plan actually costs will vary depending on the specific plan and zip code, but they all come with a cap on out-of-pocket expenses. Each year the plan will have a set amount of out-of-pocket expenses that determine how much the policyholder is responsible for. It’s important to take the out-of-pocket expense cap into consideration when choosing the best plan for you.
In-Network Physicians & Specialists
Medicare Advantage does use networked physicians and specialists for their insurance plans. If you are already established with a doctor that you are happy with, it is a good idea to ask them if they are in the network so you can rest assured that you will continue to receive the appropriate care with that physician. No matter what kind of physician or specialist you’re looking for, there will be several available within the network for you to choose from, so you never have to worry about not having access to the care you need.
Talk to a Benefits Advisor
When in doubt, seek out a benefits advisor, like our experts at Aging Benefits Advisory. We can help you make sense of the details and determine if Medicare Advantage is the right fit for you. We’re happy to give you personalized advice based on your circumstances and needs, and we’re available to answer all of your questions about your Medicare insurance options so you can be sure you’re covered without overspending.
Contact Aging Benefits Advisory Today!
If you need help navigating the world of senior health insurance, our advisors at Aging Benefits Advisory are here to assist. Take advantage of our free consultation to ensure that you receive the plan for your budget and needs. We specialize in Medicare Advantage, Medicare Supplements, Dental, Vision, and Final Expense for the senior market of Pinellas County, Pasco County, Manatee County, Hillsborough County, Polk County, Sarasota County, Citrus County, and Marion County, Florida. If you would like a free consultation, contact us online or give us a call at 727-266-0355. For more information, follow us on Facebook, Pinterest, and YouTube.