Medicare Advantage Plans to provide the same quality and service as traditional Medicare but at a reduced cost. It is popular with senior citizens, disabled veterans, patients undergoing dialysis or undergoing chemotherapy, and patients moving from other medical coverage to Medicare Advantage Plans because of the added benefits it provides. Medicare Advantage Plans are not Medicare Parts A and B and are not part of Medicare Parts D and C. Medicare Advantage Plans 2022 are standardized, which means they all offer similar services and prices. However, not all Medicare Advantage Plans are the same.
To determine if you would receive certain benefits or pay a higher premium for other services, you will need to know what Medicare covers, and what Medicare Advantage Plans are not. Medicare does cover some of the same services offered with a Medicare Advantage Plan. Medigap coverage is one of those services.
Medicare part A covers doctor visits, preventive care, and hospital stays, while Medicare part B covers many of the same services that Medicare Part A offers, and some of the same procedures that Medicare Part D does, including hearing and vision care. Medicare Advantage Plans do not cover the hearing and vision care.
To determine if you would receive certain benefits or pay higher premiums for other services, you would need to understand what Medicare covers, and what Medicare Advantage Plans are not. Medicare does cover some of the same services and procedures that Medicare Part A would cover, such as doctor visits.
Medicare does not cover all of the same things that Advantage Plans would cover, such as hearing and vision care. Medicare Advantage Plans must cover all of the services and procedures that Medicare does and cannot exclude any portion of the service or procedure.
Medicare Advantage Plans must cover all of the services and procedures that Medicare does and can’t exclude any part of the service or procedure, even if it’s a part that is not covered by a Medicare policy. There are several things an individual covered by an Advantage Plan could get insured for that Medicare policy doesn’t cover. These things would include long-term medical costs.
Long-term medical care can be expensive. Most people don’t need long-term care, and if they do, the majority would prefer to use their own health insurance company instead of a Medicare Advantage Plan. It is also important to note that Medicare does not cover rehabilitation services. Advantage Plans can cover such services at the same reduced rates that Medicare Part A will. However, to receive these benefits, a person must also choose a private insurance company to enroll in the program.
Private insurance companies do not provide coverage for all of the things that Medicare does, including prescription drugs. Therefore, medications that Medicare does not cover may require you to purchase them on your own from a private drug provider. Some Medicare Advantage plans may require you to select a primary care provider and to select from a list of providers provided by the private insurance company.