Cigna-HealthSpring Advantage Overview
Cigna-HealthSpring Advantage for Putnam County, Tennessee, by HealthSpring, is a Health Maintenance Organization (HMO) Medicare Advantage plan for seniors on Medicare. It gives you all of the same health insurance benefits as traditional Medicare and offers extras that Medicare does not cover.
The insurance premium is $0.00 per month. You also have co-payments and/or co-insurances with each healthcare service that you use. You can learn more about the basic coverage costs on the co-payments page.
The real benefit of an HMO plan like Cigna-HealthSpring Advantage is lower, predictable out-of-pocket expenses. Although more restrictive than traditional Medicare, a Medicare Advantage HMO plan limits your annual out-of-pocket costs. With Medicare Parts A and B, there's no cap, leaving you vulnerable to excessive medical bills.
With an HMO you are required to use healthcare providers in the plan's network. If you don't you will incur additional costs. Also, be aware that your primary care physician must make refer you before you see a specialist.
Cigna-HealthSpring Advantage Quality Rating
To help seniors compare Medicare Advantage plans, Medicare rates the relative quality of all plans. After a full year on the market, each plan receives a one to five-star over-all mark, with one star being the lowest quality and five stars the highest quality.
The CMS has awarded Cigna-HealthSpring Advantage Above Average as compared to all others (as of 15 October, 2013).out of 5 stars. That means Medicare deems this plan
Cigna-HealthSpring Advantage Out-of-Pocket Expenses
One of the benefits built in to all Medicare Advantage plans is an annual out-of-pocket limit. The maximum is $6,700, but plans are allowed to offer a voluntary limit as low as $3,400 per year.
The most you will pay out-of-pocket if you enroll in this plan is $3,400. This amount is what you actually pay for your healthcare services. It does not include your monthly premium or your prescriptions. It's only the costs you pay out-of-pocket on co-payments and co-insurances.
It's important to do your homework and compare the co-payments and co-insurance with this plan to those of traditional Medicare. Also, be aware that Medicare Part A and Part B do not limit your out-of-pocket costs like Medicare Advantage. If you stay in traditional Medicare you must add supplemental Medicare insurance to cover the cost gaps.
Compare Medicare Health Insurance Plans
Make sure you get the best health insurance for your unique situation. Compare Cigna-HealthSpring Advantage with these Medicare Advantage plans:
- Cigna-HealthSpring Premier
- Humana Gold Plus H4461-004
- Humana Gold Plus H4461-015
- Cigna-HealthSpring Preferred
- Humana Gold Plus H4461-001
Cigna-HealthSpring Advantage is available in the following Tennessee cities: Cookeville, Baxter, Bloomington Springs, Buffalo Valley, Monterey, Silver Point, and all other areas of Putnam County.
CMS File Date: January 14, 2014.
This Medicare health insurance catalog is maintained by 9/30/2014.and was last updated on