Geisinger Gold Preferred 200 Overview
Geisinger Gold Preferred 200 for Ocean County, New Jersey, by Geisinger Gold, is a Preferred Provider Organization (PPO) Medicare Advantage plan for seniors on Medicare. PPO health insurance allows you to choose your own primary care doctor, specialists and other healthcare providers. If you're on a budget you can lower your out-of-pocket costs by using the plan's provider network.
The monthly premium on this PPO plan is $58.00. Plus, co-payments and/or co-insurances also apply to most of the healthcare services you use. However, unlike traditional Medicare your out-of-pocket expenses are capped. As a result, you won't be vulnerable to excessive medical bills due to an accident or a critical illness.
Geisinger Gold Preferred 200 Quality Rating
After its first year on the market, the CMS (Centers for Medicare and Medicaid Services) gives each Medicare Advantage plan an overall one to five star rating. The unbiased quality assessment assists people when comparing plans. Medicare Advantage plans with five stars have the highest quality, whereas a one star plan has the lowest quality.
Geisinger Gold Preferred 200 is a new plan. It has not yet been rated by the CMS. That is is why the star rating is displayed as out of 5 stars (as of 15 October, 2013).
Geisinger Gold Preferred 200 Out-of-Pocket Expenses
Medicare Advantage plans are limited to a maximum out-of-pocket limit of $6,700 (annually). This out-of-pocket limit does not include your prescriptions or your monthly premiums. It only applies to your costs for healthcare services.
Although the mandatory limit is $6,700, the CMS allows plans to offer a lower limit that can be as low as $3,400. The out-of-pocket limit on this plan is $5,000. Be sure to take into consideration, along with the premium and the co-payments, when making your enrollment decision.
If you are comparing Geisinger Gold Preferred 200 with your traditional Medicare benefits, it's important to remember that there are no limits to your out-of-pocket expenses with Medicare Part A or Medicare Part B. If you keep your traditional Medicare benefits, the only way to avoid high medical bills is to purchase Medicare Supplement insurance to supplement your coverage.
Compare Medicare Health Insurance Plans
Make sure you get the best health insurance for your unique situation. Compare Geisinger Gold Preferred 200 with these Medicare Advantage plans:
- Aetna Medicare Standard Plan
- Aetna Medicare Premier Plan
- Geisinger Gold Classic 100 Plus $0 Deductible Rx
- Geisinger Gold Classic 300 $0 Deductible Rx
- Geisinger Gold Classic 100 Plus
Geisinger Gold Preferred 200 is available in the following New Jersey cities: Barnegat, Barnegat Light, Beach Haven, Manahawkin, Tuckerton, Little Egg Harbor Twp, West Creek, Jackson, New Egypt, Lakewood, Bayville, Beachwood, Brick, Forked River, Island Heights, Lakehurst, Lanoka Harbor, Lavallette, Mantoloking, Normandy Beach, Ocean Gate, Pine Beach, Point Pleasant Beach, Seaside Heights, Seaside Park, Toms River, Waretown, Manchester Township, and all other areas of Ocean County.
CMS File Date: January 14, 2014.
This Medicare health insurance catalog is maintained by 9/30/2014.and was last updated on