Seniors from Minnesota who choose to enroll in a Medicare Advantage Plan have good options. When you enroll in Medicare Advantage you are trading your Original Medicare benefits for private health insurance available in Minnesota.
Be aware that plans vary by where you live. It all comes down to the availability HMO and/or PPO healthcare provider networks available in the area.
How-To Enroll in a Minnesota Medicare Advantage Plan
Most Minnesota seniors qualify to join a Medicare Advantage plan. If you have End-Stage Renal Disease (ESRD), you will likely need to stay on Original Medicare.
There are several different Medicare Election Periods. This is when you can join or change your plan. Most people wait until 15 October to 7 December to make enrollment changes. This is the Annual Election Period (AEP).
Most of us also get an Individual Election Period (IEP), but it only comes around once. Your IEP begins the month before your 65th birthday, includes your birth month, and continues the month after your birth month.
Enrollment couldn’t be easier. There are three ways. If you know the plan you want, you can call a plan directly. This makes enrollment quick and easy.
Then government’s official website, www.Medicare.gov, is the second option. It’s an easy way to start your application on-line, compare plans, verify that your medications are covered and see which doctors take the plan you want.
An independent health insurance agent is the third option. This is the best way to go if you need someone to help advise you. Find an agent who represents several insurance companies. This way you’ll have a range of good options.
Minnesota Medicare Advantage vs. Original Medicare + Medigap
If you are concerned that a Medicare Advantage plan could be inconvenient or limit your services, there is another way to get full coverage and lower your out-of-pocket costs. For a little more each month you can have the best care available and lower your out-of-pocket expenses. Savvy seniors hold on to their Original Medicare and get the additional coverage they need with a Minnesota Medicare Part D Plan (prescriptions) and Minnesota Medicare Supplement Insurance.
A Medicare Supplement policy protects you from big medical bills and helps you lower the total annual cost of your healthcare. See our Minnesota Medigap Plans page for more information. The good news is that all supplemental insurance is standardized, offering you the luxury to buy the coverage you need based on the lowest price.
About Our 2015 Minnesota Medicare Advantage (Part C) Information
The healthcare insurance information provided on MedicareWire.com is derived from data files published by the U.S. Centers for Medicare and Medicaid Services (CMS). Although we do our best to regularly update our databases, we are not able to ensure the exactness of the information. Only a licensed health insurance agent can give you a binding quote.For additional, helpful information, visit CMS on the web at http://cms.gov. This page was last updated on 9/13/2015.