Advantage plans are known by the name Medicare Part C and give seniors a way to save even more money on healthcare than what they get from Original Medicare. In fact you can use Medicare Advantage to replace your Original Medicare plan and to cut your out-of-pocket costs for healthcare services.
How Much Coverage an Advantage Plan Provides
Through Advantage plans, seniors are saving money on routine checkups, prescription drugs, hearing aids, eyeglasses, dental services, hospital visits, emergency room care, ambulance transport, medical tests, surgery, hospital stays, doctor’s visits and much more.
There is a basic Advantage plan that covers seniors just for emergency medical care, urgent care, Medicare Part A inpatient care and Medicare Part B outpatient care. With these items of coverage, there won’t be a lot left for people to pay on their own, but there will still be some.
Many seniors will still have a lot of expenses to cover, and the more advanced Advantage plans can cover those for them. Routine checkups with hearing specialists, general healthcare practitioners, optometrists and dentists can all be covered. You can even be covered for multiple visits to these specialists each year, depending on the Advantage plan you pick.
You can choose from many different insurance plans that fall under the Advantage banner. Most insurance companies that sell them offer a few different plans for you to pick from, so you’ll have a good chance of finding one that is a good fit for you.
Best Medicare Advantage Plans
Who to Buy from
When you search for Medicare Advantage quotes here on our site, you will see that there is a list of insurance companies that sell the plans. These companies differ in a lot of ways, but the big one is in how they price their plans. The average price for Medicare Advantage is about $45 a month, but you’ll find insurance companies selling the same plans and offering them at prices ranging from $0 a month to over $100 a month, depending on where you live and which plan you sign up for. Obviously, the basic plans will be less expensive than the higher coverage plans.
You might be tempted to go for the plans with $0 monthly premiums, but you should keep in mind that these will make you pay higher deductibles, in most cases. You can compare the insurance companies by price on our site, and it is very easy to do so and completely free as well. However, you should compare them based on their reputation and what they can do for you too.
Kaiser Permanente sells Medicare plans under the Advantage banner that will meet a variety of needs. They have some affordable rates, and they have a great selection of plans. This company offers great customer service as well, and you can see how they rank pricewise here on our site.
AARP Advantage plans come packed with bonus benefits. They will give you gym membership, pharmacy discounts and services, free counselling and access to medical doctors just for being one of their members. The downside is that their prices tend to be higher than many of their competitors’, and you can see that for yourself here on the site.
United Healthcare is one of the best options, because they can give you extensive coverage for your plan, meaning that they can cover you just about anywhere you go, which saves you money by allowing you to choose one of the more limited, cheaper Advantage plans.
One insurer you should look at for Medicare Advantage is Humana. They have some very good heathy living services that help you to eat and exercise well and to maintain high health standards. They also have very affordable rates and a great online service that makes it easy to access Advantage plan information from anywhere.
Aetna is yet another excellent choice, with its low rates, great plan selection and Silver Sneakers fitness program. You can go just about anywhere in the country and get access to a gym for free and enjoy other healthy living benefits too.
Once again, be sure to use our site to compare prices and see how these plans stack up to one another. You can find some really great rates if you use our site. We will update the pricing information here regularly to help you out and ensure that you get accurate rates. We also use your zip code to keep the rates relevant to your area, as the prices will be different from one state to the next.
Best Medicare Advantage Plans
What You Need to Know about Your Insurer’s Network
Before you sign up with any insurance company for an Advantage plan, you should first find out about where their coverage network extends. That network consists of any medical facilities that they have agreements with to honor their plans. Some medical facilities simply will not accept your Advantage plan, and that means that you would have to pay for the cost of your medical care there all on your own, or at least partially. Generally speaking, your Advantage plan won’t be valid outside of the network. So, your coverage is going to be limited or nonexistent, in most cases.
However, the kind of Advantage plan you get will determine how well you are covered on or off the network. Most people get an Advantage plan labelled as an HMO. This doesn’t affect the medical expenses it covers. It only affects how you will be covered either for on or off of the network. HMO plans will provide you with full coverage while you stay on the network. This means that you go for healthcare services at a medical facility that is approved by your insurer. Going outside of the network for your healthcare with HMO coverage requires that you pay the full cost of the services received.
PPO Advantage plans are another option. They can give you coverage according to your Advantage plan for both on and off the network. They give you full coverage on the network and partial coverage for any medical services received off the network. PPO plans come at a higher cost than HMO plans, though, but they can still save you money if you need to go outside of the network for most of your healthcare.
PFFS plans give you Advantage coverage that is complete while on the network, and then charge you a per-service fee for anything you need done outside of the network.
You can also enroll in a Special Needs plan, which is only available through some insurers and is only available to those who have special needs eligibility. You also must qualify for Medicaid and Medicare both.
You can sign up for Medicare Advantage plans starting around you 65th birthday, and you’ll get another chance to sign up from October 15th until December 7th. You can check with us for the price of the plans when you are ready to sign up and contact us for free professional advice about the best plan to choose or how to sort through your available options.
Medicare Advantage is a great way to get more coverage for healthcare than what Original Medicare provides, and it gives you peace of mind and protection that you can’t get with other medical insurance plans. Just be sure to cancel any healthcare plan from your employer or Medigap before you enroll, as those conflict with Advantage plans.