Medicare Advantage Plans – Part C
Medicare Advantage Plans are also known as Medicare Part C. The difference between a Medicare Advantage Plan and a Medigap or Medicare Supplement Plan is that with a Medicare Advantage Plan, Medicare pays a private insurance company to manage your health, Medicare is no longer involved in the payment of your claims (except in the case of Hospice).
Medicare Advantage Plans usually require the use of network providers. HMO plans generally require the use of network providers, except in an emergency. PPO plans will allow you to use out of network providers, but you will usually have higher copays or coinsurance.
Many Medicare Advantage Plans will also include Prescription Drug benefits (Medicare Part D), as well as vision, hearing, dental, gym membership and other benefits included in the basic plan, or available as a rider.
There are several factors to consider when determining if a Medicare Advantage Plan is in your best interest. As an independent agent, I represent several plans and can assist you in you making the right decision for you. Click here to contact me and set up an appointment or call me at (458) 205-8376.
You can also attend a plan presentation meeting held in my office. Click here to see when the next plan presentation is occurring.