What Seniors Must Know About Medicare Advantage Plans
If you're eligible for Medicare, you can opt to receive your benefits through either Original Medicare (Part A and Part B) or the Medicare Advantage Plan, also called Part C. With a traditional Medicare plan, your covered health benefits are paid for directly by the government. With Medicare Advantage, you receive benefits from a private insurance company, who is then paid by the government. Here's what you need to know about each route to ensure you have the coverage to stay healthy.
Benefits of Medicare Advantage Plans
An approved Medicare Advantage insurer must provide coverage that is equal to or better than the coverage you would receive under traditional Medicare. If you enroll in Medicare Advantage, however, you will still receive hospice benefits under Part A. Many Medicare-eligible seniors opt for an Advantage plan because:
Drawbacks of Medicare Advantage For some individuals, traditional Medicare may be the better option. You may want to stick with Medicare Parts A and B if:
Sackett & Associates Insurance Services is your trusted Medicare insurance broker in Sonoma County and surrounding areas. Call us at 707-823-3689 to speak to an experienced representative who can help you shop around for the best health care coverage for your needs. To learn more about Medicare and related topics, please like us on Facebook, find us on LinkedIn and subscribe to our blog.
9 Comments
2/5/2019 04:49:03 pm
My parents are worried about our grandparents' health and want to make sure that they are taken care of. It was explained here that there are a lot of advantages of having a Medicare plan because it can often provide benefits beyond what's covered including vision and dental care. Furthermore, it's recommended to talk to a medical insurance expert when considering having Medicare.
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3/21/2019 04:09:00 pm
That is nice that medicare advantage plans cover what traditional Medicare does. That is something that I would want for my family. Maybe I should look into getting Medicare sometime soon.
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5/8/2019 08:46:58 am
I had no idea that most Medicare plans vary by cost, but Part C has lower-out-of-pocket costs. My father was recently diagnosed with a debilitating disorder, and he cannot afford his medication. It might be a good idea for him to look into purchasing a Medicare plan.
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7/23/2019 02:24:47 pm
Thanks for explaining how traditional Medicare plans are paid for directly by the government for your health benefits. My parents are getting close to the age where they would like to retire, but I don't think they've thought about Medicare yet. I'll share this information with them so they can be medically covered in the future.
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8/27/2019 11:36:23 am
I like how you mentioned that an approved Medicare Advantage insurer must give you more coverage than a traditional Medicare. My parents are looking for ways to extend their coverage for their Medicare. I will share this article with them so they know where they can start looking or hiring a professional to help them out.
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8/29/2019 09:53:25 am
It's interesting that part C has just one more step than A and B with private insurance. Is one better than the other? My grandma is just starting out with medicare and I want to help her as much as possible.
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2/17/2020 09:39:22 am
I agree that an approved Medicare Advantage insurer needs to give you more coverage than a traditional Medicare. My aunt wants to expand her coverage because she needs a new Diabetes supplier. I will share with her the article so she can start looking for a secondary supplemental plan to cover her needs.
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5/1/2020 11:19:21 pm
Thanks for helping me understand what medicare advantage plans are. My friend's grandpa is about to reach 64 and he's stressing himself out regarding which plan to get him since his grandpa can't afford it. The idea of having more benefits than the ones covered by traditional medicare is very interesting. I should share this with him so he can discuss this with his grandpa if they're fine with an advantage plan.
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12/3/2020 08:36:10 am
I had no idea clue that Medicare Advantage plans include vision, hearing, and dental care. Those are all the things my dad needs right now. I'll go call him and so we can look at different Medicare Advantage plans.
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