What makes Medicare Advantage right for one person and makes it wrong for someone else, either because of the common drawbacks or not benefiting from the bonus features.
Original Medicare doesn’t meet your healthcare needs
Original Medicare is infamous for not having dental, vision, and hearing coverage. Someone with Original Medicare would need an additional form of insurance, such as Medicaid or insurance through an employer, to make up for the coverage it lacks. If you try to get insurance specifically for one of these services, you will have to go through long waiting periods in which you’ll be paying premiums without getting any benefits.
However, Medicare Advantage is right for you if you need this type of coverage. You won’t have to sign up for anything else to get the treatment you need. That’s also not to mention that your plan may also have other benefits such as a gym membership.
You prefer staying in a small network
Your particular Medicare Advantage policy may not cover you beyond your network. In most cases, it won’t. For other times, you’ll either be paying a higher price, or the out-of-network healthcare provider may refuse to treat you.
But this should be of no issue if you have a set of preferred healthcare providers and you’re someone who rarely travels. This might already be something you do to begin with. And not all policies are the same – you can find a plan where most of (if not all) the doctors you already see accept Medicare Advantage. You can get the same services you’ve been getting for years at a lower price than ever before.
You want autonomy over coverage
Medicare Advantage is more diverse than the name suggests. At first glance, it may seem like an unaffordable deluxe health insurance membership, but nothing could be further from the truth. Medicare Advantage premiums are often around $0, and in some cases, Medicare Advantage reduces the amount you’ll pay for Part B premiums. You also get the option of how you pay for your healthcare. People with serious conditions and in adverse financial situations can get Special Needs Plans.
You want everything under one plan
Perhaps, the biggest selling point for Medicare Advantage is that all of Medicare’s diverse features are bundled within a single plan. Many Medicare Advantage plans eliminate the need
for separate signup for Medicare Part D (prescription drug coverage). Everything is packaged into one plan that offers everything you’d get with Original Medicare, plus more.
For all Medicare Advantage questions
AJ Health and Wealth has you covered when it comes to Medicare Advantage coverage. We use our knowledge and compassion to deliver excellent customer service, day in and day out. We help people just like you acquire the best Medicare policy they can get.