EASY MEDICARE

Medicare Advantage, sometimes known as “Part C,” is a general option for those ready to enroll in Medicare. Medicare Advantage plans are offered by private insurers in conjunction with the Medicare program and may provide you with additional health insurance coverage.

What’s in them?

In addition to signing up for Medicare Part A (hospital stays) and Part B (medical coverage), Medicare Advantage plans offer their subscribers additional features. Often, but not always, this includes a Medicare Part D prescription drug plan.1

In some cases, Medicare Advantage plans offer coverage in areas not normally offered under regular Medicare plans. This can include dental, hearing, and vision insurance.1

What are the rules?

Medicare pays a set amount for your health care to the company that offers your Medicare Advantage (MA) plan. Beyond that, each MA plan requires different out-of-pocket rates. Those charges may vary from plan to plan.1

Depending on your plan, you may have different rules to follow when seeking a referral for treatment from a specialist or seeking non-urgent care (including from in-plan providers).

It’s also important to remember that rules, requirements, and features may change from year to year. It will be important to make sure those changes align with any treatment you need.

What about my recipes?

While most MA plans offer Part D prescription drug coverage, some do not. An example would be for Medicare medical savings account plans. In cases where the plan cannot or chooses not to offer prescription drug coverage, you may be able to join a separate Medicare prescription drug plan, depending on the type of plan you join. one

You likely have a number of questions and concerns as you review your options for Medicare Advantage plans. Discuss this with a trusted financial professional who can help you make the decisions that best fit your lifestyle.