While you may be familiar with Medicare’s basic plan, you may not be as familiar with the Advantage plans it offers. We’re going to look specifically at Medicare Advantage for 2018 and why you should consider one of these plans for your medical coverage needs.
What Is Medicare Advantage?
You might gather it from the name, but Advantage plans are ones that provide you with even more coverage than what you would find in the basic Medicare parts A and B. The Advantage plans are considered Medicare Part C, but you don’t add them on to the basic parts. You have to purchase Advantage plans separately, but not through Medicare.
That may be confusing for some Medicare subscribers, but a lot of the additional plans that you can buy for Medicare aren’t something that can be purchased directly through Medicare. Instead, you have to go to private insurance companies to get these plans. Advantage plans fall into that classification as well.
What that means is that there are lots of different choices when it comes to Advantage plans. You can find various process on the same plan and different networks that will determine how wide your coverage area is. You’ll want to examine and compare both of these aspects of Advantage plans before you make your final decision on one of them.
Advantage plans cover all of Medicare parts A and B. That’s why you cannot have an Advantage plan in addition to the basic parts of Medicare. But it also covers you for additional medical costs. It gives you an advantage over the basic plan.
Networks and Advantage Plans
Medicare works pretty much anywhere. Most healthcare facilities will accept Medicare, at least in part. Advantage plans are not so widely accepted. Each one is subject to the network of the insurance company that sells it. So if you choose to go with an Aetna Advantage plan, then you can only receive full coverage at one of the hospitals, clinics or doctor’s offices that are on Aetna’s network. These are healthcare facilities that have agreed to accept that plan from that insurance provider. If you go anywhere else, you will be off network and you may not receive any coverage at all.
How much coverage you get will depend on which of the Advantage plans you chose. There are HMO plans, which only give you coverage at approved facilities (or those that are part of your provider’s network). Then there are PPO plans that give you full coverage at network facilities and partial coverage everywhere else.
These are your two main choices, and there are others too, but they are not something you will see as often. Odds are, you are only going to find or be eligible for either a PPO or an HMO Advantage plan.
Planning for Your Future
Medicare Advantage for 2018 is something you want to be looking into if you think you will need more coverage in the coming years. You may not need additional coverage right now, but you definitely want to be planning ahead and thinking of your future. You should know what kind of coverage you will need long before you need to sign up for it.
If you start looking into Advantage plans right now, you can get a good idea as to which of the companies that sell these plans are going to give you the best rates and the best customer service. You can look at the prices on their plans and their customer satisfaction records to sort the good ones from the ones you would rather avoid. Doing this research now and getting familiar with the plans and providers will save you a lot of trouble later. It will also make sure that you are prepared to get the best deal and not be cheated out of your money by high-priced plans that aren’t any better for you than the inexpensive ones.
It’s never too early to look at your coverage options. If you already have an Advantage plan, then you ought to be looking at your other options still. Consider whether you have the best plan for you and whether your current insurance company offers you the most comprehensive network. Are you getting coverage where you are at or do you need to switch companies to get that essential coverage?
If you will be living somewhere else in a few years, then you may want to change up your Advantage plan or medical coverage plan at that point. You need to find a plan that will work with where you live, giving you coverage at medical facilities that are close to where you live. That way, you can save the most money and have a plan that is adapted to your situation.
Get the Right Plan at the Best Price
A lot of Medicare subscribers feel like they could do better than the plan they have right now. They feel like they pay too much money or that they aren’t getting adequate coverage. If you don’t want to be among them, then you need to do something about your coverage plan. We are here to help you with that.
Using our website, you can find out what the rates are for the Advantage plan you want to buy. You may not know what the market average is for such a plan, but our site can help you figure that out and find lower than average prices. That’s because whenever you search for the cost of an Advantage plan on our website, we give you a few different quotes, not just one. You can compare them to find the best price.
You won’t ever have to pay for this service, but that’s not the only resource we offer. We also give you the opportunity to sign up for the plan you want right through our site. You can find great prices on Medicare advantage for 2018 and then sign up for the plan of your choice all through our website. You can get everything you need in one place, saving you time, money and effort.