In choosing among the many Medicare Advantage plans, it is vital to think about what’s most important to you in a health plan.
If you feel strongly about getting care from specific doctors and hospitals, it would be a good idea to review the provider directories of each Medicare Advantage plan to be sure the hospitals, doctors, and other health professionals are in the plan network. Networks can vary between Advantage plans.
If costs are important, begin looking at premiums, and other expenses like copays and coinsurance when you use your plan's services. Plans can differ in how much they charge for doctor visits, hospital stays, and other medical services.
Another specific feature to check is the out-of-pocket limit for Medicare-covered services. All Medicare Advantage plans include a limit of out-of-pocket spending for services covered under Medicare Part A and B, and can vary in the amount of out-of-pocket protection they provide.
Keep in mind your medications as you compare plans. Most Medicare Advantage plans include prescription drug coverage. Not all plan formularies are the same, nor do all plans cover all medications. If medication costs are a key concern, you can compare Medicare Advantage plans in your area to estimate how much you would pay under each of the plans offered in your area.
At Twin City Underwriters we take all of these factors into consideration as we help you review all your Medicare plan options. Contact us today to discuss your individual needs with one of our experienced agents.