Medicare Advantage

Some of the challenges with original Medicare is that there are no out of pocket maximums. Medicare works on a true 80/20 system meaning they cover 80% of your qualifying healthcare provider charges and you are responsible for the remaining 20%. With a Medicare Advantage plan, they will work with an in-network provider and cover the entire thing. This means that you only have one plan to work with versus original Medicare where you might have a Supplement Plan and a Prescription Drug (Part D) plan. Most people say it is much easier to be on a Medicare Advantage plan than going with another option.

Another benefit of a Medicare Advantage plan is that they typically have a prescription drug plan built in. Most stand-alone prescription drug plans have so many rules to follow. With a Medicare Advantage plan, it is much easier to manage your healthcare and prescriptions.

Lastly, most of these private insurance companies offer additional benefits such as hearing, dental, vision as a part of your monthly premium. Granted, not all plans offer these amenities if you will, so it is important to speak with the licensed insurance representatives at Ideal Insurance to help you navigate the complexities of Medicare!