What Does Medicare Part A Cover?
What is Medicare Advantage?
Key Takeaways
All-in-One Coverage
Medicare Advantage plans combine the benefits of Medicare Parts A and B (Original Medicare) into a single plan. This means you have hospital coverage (Part A) and medical coverage (Part B) under one policy.
Additional Benefits
Beyond the core Medicare benefits, Medicare Advantage plans often include extra perks, such as prescription drug coverage (Part D), dental, vision, hearing, and wellness programs. These added benefits can enhance your overall healthcare experience.
Private Insurance Providers
Medicare Advantage plans are offered by private insurance companies approved by Medicare. This means you'll have a wide range of plan options to choose from, allowing you to select one that aligns with your healthcare needs.
Managed Care
Most Medicare Advantage plans operate under managed care models, such as Health Maintenance Organizations (HMOs) or Preferred Provider Organizations (PPOs). These plans may have provider networks and referral requirements.
Benefits of Medicare Advantage
According to CMS, 2 the Part A inpatient hospital deductible can cover your cost for the first 60 days of Medicare-covered inpatient hospital care. For example, you become an inpatient at a hospital on Jan. 1. Happy New Year, you pay the Part A deductible. The next day your doctor discharges you. After 60 consecutive days you have not been admitted as an inpatient. Then on April 1, you get injured and become an inpatient again. Now, you will need to pay the Part A deductible again.
Cost Savings
Medicare Advantage plans often have competitive premiums and out-of-pocket costs. This can help you save money compared to the combination of Original Medicare, a separate Part D plan, and supplemental coverage.
Comprehensive Coverage
With Medicare Advantage, you can get coverage for services that Original Medicare doesn't typically cover, such as routine dental exams, eyeglasses, or gym memberships for fitness programs.
Simplified Administration
Managing your healthcare is more straightforward with Medicare Advantage because it combines various benefits into one plan. This can reduce paperwork and the hassle of dealing with multiple policies.
Prescription Drug Coverage
Many Medicare Advantage plans include prescription drug coverage (Part D), ensuring you have access to the medications you need.
How to Enroll in Medicare Advantage
Eligibility
To enroll in Medicare Advantage, you must be eligible for Medicare Part A and Part B. Most beneficiaries become eligible at age 65, but some qualify earlier due to specific disabilities.
Enrollment Periods
There are specific enrollment periods for Medicare Advantage, such as the Initial Enrollment Period (IEP) when you first become eligible, the Annual Enrollment Period (AEP) for making changes, and Special Enrollment Periods (SEPs) triggered by qualifying life events.
Compare Plans
It's crucial to compare available Medicare Advantage plans based on your location, healthcare needs, and budget. Different plans may offer various benefits and provider networks. Better Insurance Plans can simplify this process for you and assist you with the enrollment.
Navigating Your Options
At Better Insurance Plans, we understand that comparing Medicare Advantage plans can be overwhelming. That's why we're here to help you navigate this process seamlessly. Our experienced team will guide you through the available Medicare Advantage plans, considering your location, healthcare needs, and budget. Different plans come with varying benefits and provider networks, and we'll work with you to find the one that best suits your unique requirements. Let us simplify the decision-making process and ensure you make an informed choice.
Find Medicare Advantage
options in your area today!
Making an Informed Decision
Understanding what Medicare Advantage is and its benefits is essential when making decisions about your healthcare coverage. Take the time to research and compare plans to ensure you select one that aligns with your unique needs and preferences.
If you have questions or need assistance with Medicare Advantage enrollment, our team of experienced insurance professionals is here to help. We're dedicated to helping you make informed choices about your healthcare coverage.
Don't hesitate to contact us for personalized guidance on Medicare Advantage plans available in your area.
Disclaimer
Medicare Advantage plans vary by location and insurance provider. The information provided here serves as a general overview. For specific details about available plans and their coverage, please consult the insurance provider or visit the official Medicare website.
Ready to Get Started?
Get FREE Medicare help today! Please enter your information and a licensed agent will contact you.
