Medicare Advantage is a private health insurance option that provides extra benefits and services to Medicare recipients. These benefits include dental, vision, hearing, and supplementary coverage.
The main difference between Medicare and Medicare Advantage is that Medicare insurance covers hospital and skilled nursing care. In contrast, Medicare Advantage plans can cover home health aides, home and community-based services, inpatient hospital services, prescription drugs, and hospice.
Medicare Advantage is much like traditional Medicare. All the same, benefits apply, such as coverage of doctor visits, hospital stays, home-based services, and pharmacy benefits.
Why Medicare Advantage Matters in 2022
Most healthcare insurance plans do not cover long-term care, durable medical equipment, dental care, prescription drugs, or vision care. Most seniors have significant out-of-pocket expenses for these services. They will also have a limited choice of physicians and hospitals to choose from.
The Medicare Advantage program, or MA plan, has several benefits, including a lower cost for prescription drugs. It also provides a guaranteed level of coverage and does not require annual medical examinations.
Medicare Advantage plans have expanded over the past several years to cover a wide variety of care and offer more choices of doctors and hospitals. Here are the top benefits of a Medicare Advantage plan:
Better prescription coverage
A Medicare Advantage plan provides seniors with coverage for prescription drugs.
More flexible doctor visits
A Medicare Advantage plan can include more flexibility in getting to see your primary care physician.
Medicare Advantage plans offer additional medicare benefits
Medicare Advantage plans are not only a good health insurance alternative, but they also offer an array of additional benefits to current Medicare recipients.
Medicare Advantage plans have many benefits, but one of the most important is that plans can reduce out-of-pocket spending for seniors. "Out-of-pocket" costs are the amount of money that you spend on co-payments, coinsurance, and deductibles to receive care from a health care provider.
No yearly Part B premium
Medicare plans offer seniors the flexibility to choose the drug benefits, provider networks, and service levels that work best for them. With traditional Medicare, it can be difficult to have a say in these matters, and often it can be difficult to find an in-network doctor or a plan with the services you want.
A Medicare Advantage plan allows you to choose your healthcare plan based on the benefits and services that best suit your health needs.
Medicare Advantage plans offer seniors substantial savings over traditional Medicare due to the premium savings and plan deductibles.
At Liberty Benefit Consultants, Inc., we do our best to ensure that our clients are well-protected with affordable and comprehensive policies. We make sure to go the extra mile to help you with your needs. To learn more about how we can help you, please contact our agency at (316) 686-5433 or Click Here to request a free quote. Any coverage discussed is not guaranteed. Please contact us today to go over your policy to ensure your needs are met! We are here and happy to help.