The Medicare Advantage Program -- How can it Help Me?
If you are eligible for Medicare health insurance, you might want to look into Medicare health insurance Advantage programs as well. Earlier known as Medicare health insurance +Choice, Medicare health insurance Advantage is the private insurance option of Medicare health insurance. It gives participants the option of using a private insurance policy instead of Medicare health insurance itself. Since Medicare's for-fee services and constraints can be significant, particularly in the case of prescription medications, providing people with this option allows many people to get better health insurance coverage with an increase of benefits and lower out-of-pocket costs. And, because the cost of these plans relies on competition among providers, you can often find an inexpensive plan that covers your needs, becoming an excellent alternative to Medicare health insurance itself.
Medicare health insurance Advantage (also known as Medicare health insurance Part C) allows you to sign up for a HMO or PPO plan... or Fee For Service (FFS) or a Medical Savings account (MSA)... whatever fits your needs best. Or not. You are not forced to use a private insurance organisation if you feel that Medicare's coverage is adequate for your needs.
In the past, a Medicare health insurance Advantage plan also included the opportunity for much better prescription coverage. However, with the passage of the Medicare health insurance Part D prescription plan instituted in 2006, Medicare health insurance recipients now must sign up for a private prescription plan, even if they don't sign up for anything else but basic Medicare health insurance. However, should you opt for a Medicare health insurance Advantage plan,Medicare Advantage you will find that most companies offering such plans also offer Part D prescription plans. Indeed, you might find it advantageous to get both because the additional cost may be minimal. However, remember that, while Medicare health insurance Advantage plans are standard, Part D prescription plans are not. So do not sign up for a joint plan automatically. Make sure your prescription plan meets your needs. There are no constraints on having one plan with one company and the other with another company.
If you do not have medical problems, do not go to the doctor for more than an annual checkup, or otherwise rarely use medical services, a Medicare health insurance Advantage plan may not be for you. However, if you have a pre-existing condition, a Medicare health insurance Advantage plan may save you significant money in the long run by reducing out-of-pocket costs and because, apart from end-stage kidney disease, preexisting conditions do not prevent you from enlisting, although you might want to choose a special needs plan.