List of Medicare Advantage Plans

A Medicare Advantage plan is a type of health insurance that offers seniors protection against the high costs of medical services. To find the right one for you, make sure you look at a list of Medicare Advantage plans. These plans are high coverage, and they tend to do more than what basic Medicare offers. The plans also come with low costs, offering benefits with powerful coverage.

There are different categories for different Medicare Advantage plans. Some are classified strictly by their coverage. This is the normal way that these plans are listed. You get different labels for Advantage plans with companies like Aetna and AARP. Their labels are premium, gold, silver, standard, pro, etc. These labels have different meanings depending on the coverage that is provided. There are only a few types of plans.

You have a basic plan that covers the bare minimum required by Medicare. It covers all emergency/urgent medical needs. Part A inpatient services are covered, as well as outpatient services of Part B.

Part D Advantage plans are very common. The coverage of these plans expands over what was previously mentioned. However, it also covers Medicare Part D. Part D is a plan for your prescriptions. This coverage lessens the financial burden of many common, generic, and some name-brand drugs. Even if they are needed rarely. This is usually seen as a balanced plan.

There are some Advantage plans that can include some coverage throughout the year that helps with checkups with your optometrist, dentist, general practitioner, hearing specialists, and more. Some of the costs that are generally covered by these plans are glasses, x-rays, and cleanings.

There are different variations of these plans. For example, there is a Part D Advantage plan that covers checkups as well. You need to evaluate your out-of-pocket costs for medical services. Knowing those costs will help you find the most beneficial plan for you. You need to find a plan that matches your needs and minimizes the overall medical expenses.

Another way that Medicare Advantage plans are categorized is by their network. It is important to [pay attention to the insurer’s network when picking an Advantage plan. You need to know how far that network extends. Also, you need to know that when you leave that network, your medical expenses may be more costly than if you stayed inside of the network.

Check out this list of Medicare Advantage plans that are divided by their network coverage:

HMO – With this type of basic coverage, you are covered as long as you stay within the network. Using services outside of your network will not be covered by this basic type. What makes this plan so valuable is that it covers you while you are in the network for an affordable price.

PPO – Paying a bit extra in your premium every month, this type of plan offers coverage outside of their network as well. Well, partial coverage. However, you still get full coverage when you are within the network.

PFFS – This plan is a mix of the above-mentioned plans. While you are fully covered when you are inside the network, a PFFS (Private Fee for Service) plan will still offer coverage for a fixed rate outside of the network. This fixed fee is charged for each individual service that is provided. This plan is more expensive than your basic PPO plan, but it does come along with a lower cost both annually and monthly. It will also be a bit more in costs than your HMO plan.

Special Needs – This network option is only going to be available to a specific group of individuals. They would have to qualify for both Medicaid and Medicare while qualifying for programs for special needs. This plan ensures that you are paying less out-of-pocket and each month, offering great coverage with network protection. Talk to someone in order to find out if you qualify for this option.

There are a couple things you need to look at when you are trying to find the right Medicare Advantage plan. For starters, you want to look at the price. Your budget will greatly determine the coverage you are able to obtain. However, basing your coverage solely on your budget would be a bad choice. You also need to pay attention to what the plans offer and if they match your needs. Though you shouldn’t base your decision on cost, the cost of these plans will help narrow down your choices.

You want to check the prices of Medicare Advantage plans, comparing them between the different insurers. There are different insurers for Advantage plans, such as Aetna, AARP, Cigna,. Mutual of Omaha, and more. Comparing these company’s costs for their different Advantage plans will allow you to see who is offering the best rates for the plan that is ideal for you.

Thoroughly look through the list of Medicare Advantage plans. You want to find one that is affordable and benefits you the most. There are agents available to answer any questions you may have about Medicare Advantage plans. Make sure you take advantage of that and ask as many questions as you can to help shed light on something that can be overwhelming and confusing. These plans are designed to help you save money while still offering the same coverage that you need to stay healthy. Most importantly, these plans offer peace of mind.