With a Medicare Advantage Plan, you have a greater choice of how you receive your Part A, B, and D Medicare benefits. You may be wondering, though, how you can know whether a Medicare Advantage Plan is as good as traditional Medicare.
In December 2009, Medicare Advantage organizations were rated on a five-star scale that the Kaiser Family Foundation has published. The ratings were based on data from the Centers for Medicare and Medicaid Services, the Consumer Assessment of Healthcare Providers and Systems, Healthcare Effectiveness Data and Information Set, and the Health Outcomes Survey. While data was not available for new plans, almost six out of ten (or 59 percent) of Medicare Advantage plans were rated. That’s equal to 85 percent of the enrollment for 2009.
On this five-star rating, the average rating was 3.29 stars. Twenty-three percent of enrollees were in a plan with four or more stars, and just 20 percent were in a plan with fewer than three stars. Enrollment in Medicare Advantage plans grew to 8.2 million in 2007, and then rose by an additional 800,000 during the first four months in 2008.
If you’d like some expert help in comparing Medicare Advantage Plans, MediGap Advisors offer no-cost, no-obligation consultations where you can talk to licensed agents who know these plans – not just telephone operators. Call us at 866-323-1441, and we’ll plan evening or weekend telephone appointment times to fit your schedule. You can also learn more, and even apply online with our Medigap Insurance “How To” Guide.
Our friendly advisors can make the whole process easy and hassle-free with plans from the highest-rated companies, including Anthem Blue Cross Blue Shield, Humana One, Mutual of Omaha, and UnitedHealthcare.
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.