When choosing the right Medicare plan for your needs, it’s essential to research and acquire as much information as possible. It can be a daunting process, especially when phrases like “Medicare Advantage” pop up. You’re probably wondering what Medicare Advantage is and how it compares to original Medicare. Is it a better option?
Fortunately, you don’t have to answer this question yourself — Senior Insurance Solutions is here to help. As a licensed Medicare agent, I can help you navigate the complexities of Medicare and how you can get the most out of your benefits. Let’s discuss Medicare Advantage, how it compares to original Medicare, and which option will be the best for you.
What Is Medicare Advantage?
Compared to original Medicare, Medicare Advantage Plans come from private companies approved by Medicare rather than the government paying for your benefits. If you choose a Medicare Advantage Plan, it will provide all of your Part A and Part B coverage.
There are different types of Medicare Advantage Plans, including:
- Heath Maintenance Organization (HMO) plans
- Preferred Provider Organization (PPO) plans
- Private Fee-For-Service (PFFS) plans
- Special Needs Plans (SNPs)
- HMO Point-of-Service (HMOPOS) plans
- Medical Savings Account (MSA) plans
To apply for a Medicare Advantage Plan, you must have Medicare Parts A and B. Additionally, you have to live in the plan’s service area.
Medicare Advantage vs. Original Medicare Coverage
Medicare Advantage Plans cover everything original Medicare covers, except hospice care. Advantage Plans also cover:
- Emergency and urgent care
- Emergency coverage outside the plan’s service area
- Extra benefits like dental care, eye care, and wellness programs
- Prescription drugs
With original Medicare, you can go to any doctor that takes Medicare within the United States, and in most cases, you don’t need a referral to see a specialist. The cost differences between Medicare Advantage and original Medicare vary depending on what services you need. You pay a monthly premium for Part B with Original Medicare. With Medicare Advantage, you may also have to pay the plan’s premium.
What’s the Best Option for You: Medicare Advantage or Original Medicare?
Overall, Medicare Advantage and original Medicare aren’t significantly different from one another. If you’re interested in extra benefits like dental, vision, and wellness programs, Medicare Advantage may be the better option. If you’re still unsure which option is best for you, Senior Insurance Solutions can point you in the right direction. The world of Medicare is confusing, but I’ll make it easier to understand.
Senior Insurance Solutions Can Help With Medicare Advantage and Original Medicare
If you’re looking for guidance with picking out the best Medicare plan for your unique needs, you’ve come to the right place. At Senior Insurance Solutions, I’m passionate about matching Medicare-eligible individuals with the most appropriate plans. I’m happy to review every detail about Medicare Advantage versus original Medicare so you can be confident in whichever option you pick — and the best part? It won’t cost you anything to speak with me.
To learn more about Medicare Advantage and original Medicare plans or for more information about Senior Insurance Solutions and how I can help you pick the perfect plan, contact me today.
