You might have heard of Medicare Advantage Plans over the news, on the Internet, or from your friends. These plans can be very advantageous, but there may be a few drawbacks. For starters, the plans are not universally available.
If you live in an area where Medicare Advantage Plans are available, the rates can be very inexpensive. They may also provide benefits not found in Original Medicare.
One of the Medicare Advantage Plans may cover dental services as well as helping with the cost of eyeglasses and hearing aids. Many Advantage plans also include prescription coverage, but not all of these plans cover the same medications.
Because Medicare Advantage Plans are offered by an array of different insurance companies, the plans are governed by independent sets of rules. You’ll need to scrutinize the plan’s coverage to be sure you get what you expect. When you have questions about which plans are available in your area, you can use our online search tools or just give us a call. As experts in ways to supplement Medicare, we can answer your questions and help you compare your options to fill in the gaps of your Medicare coverage.
Wiley Long is founder and president of Medigap Advisors, and is passionate about helping people navigate the confusing waters of Medicare. He is the author of The Medicare Playbook: Designing Your Successful Health Coverage Strategy, a clear and simple explanation so you can make the most of your Medicare coverage. For more information visit www.MediGapAdvisors.com.