Medicare Advantage Plans
What is a Medicare Advantage Plan?
A Medicare Advantage Plan is offered by private insurance companies to take the place of Original Medicare. Medicare Advantage Plans must cover all of the services offered by Original Medicare excluding hospice (which will be covered by Original Medicare if the need arises). These plans generally offer additional benefits such as health and wellness programs, vision, hearing and dental services. Also, Part D prescription drug coverage is embedded in most Advantage Plans as an additional benefit which relieves the need to enroll in a stand alone prescription drug plan. Although all Advantage Plans must follow the rules and guidelines set forth by CMS, each plan will have different out-of-pocket costs, deductibles and rules regarding the need for referrals to visit specialists.
Finding the Right Medicare Advantage Plan
Healthcare is expensive and it can rob you of your retirement nest egg if you do not plan for the future. There are several choices when it comes to Medicare Advantage Plans and it’s best to speak to someone with expert knowledge on all the insurance products which are available. Let the knowledgeable and friendly agents at Veritas Risk Management help you find a plan that is best suited for your needs.
As an independent insurance agency, we have access to wide range of coverage options and more than one insurance carrier to work with. In fact, we can show you insurance options from several companies, and help you choose the best policy for your healthcare needs. You can call us at (423) 292-4142.