Medicare-approved private companies offer Medicare Advantage Plans as alternatives to Original Medicare as an “all-in-one” solution. These plans are wholesome and encompass additional benefits over the Original Medicare advantages. They include Medicare Part A, Part B, and Part D, Hospital insurance, medical insurance, and Medicare Drug coverage respectively.
What services do Medicare Advantage Plans cover?
Medicare Advantage Plans typically cover things that are not included in Original Medicare, like fitness programs, hearing and dental services, and gym memberships for example. Certain plans cover even more areas. For instance, some plans may even cover transport to doctor services, over-the-counter drugs, and health and wellness ensuring services. On the other hand, some of the plans offer these additional benefits only to certain enrollees who are chronically ill. In these cases, the benefits provided are customized to the specific conditions of the enrollee. Before you decide to enroll in any one plan, remember to thoroughly go over the benefits being provided by each alternative.
Rules governing Medicare Advantage plans
Medicare Advantage Plans are paid a certain sum of money by Medicare for the services they are providing the clients as alternative options. The companies offering Medicare Advantage Plans are expected to follow certain rules set by Medicare. The rules imposed by the companies on the potential clients differ depending upon whether the enrollee is in need of referral to a specialist, and whether you need to visit the specialists belonging to the care for non-urgent cases. These Medicare Advantage plans normally also include Prescription Drug Coverage (Plan D). Also, if you join a separate Medicare Prescription Drug Plan, you will be disenrolled from your Medicare Advantage Plan.
In order to compare the different available Medicare Advantage Plans, you need to know certain things. Firstly, see if you have Medicare parts A and B both included in the Advantage Plans that you are considering. To be able to enroll in an Advantage Plan, you also need to be in the same area as the Advantage Plan network. Once you have ensured the basics, go over the advantages being offered by the plans in your list of options. See if they meet your requirements fully.