If you are new to Medicare, you might find the cost structure confusing. This is particularly true when it comes to Medicare Advantage plansMedicare Advantage (MA), also known as Medicare Part C, are health plans from private insurance companies that are available to people eligible for Original Medicare (Medicare Part A and Medicare Part B)..... So, in this MedicareWireMedicareWire is a Medicare insurance consulting agency. We founded MedicareWire after seeing and hearing how confusing and frustrating it is to find, understand, and choose a plan. Our services are free to the consumer.... article, we'll do our best to demystify exactly how much Medicare Advantage plans cost. That way you will be able to compare plans to … [Read more...]
Blog Posts Related to Medicare Advantage
On this page, you will find blog posts related to Medicare Advantage plans (Medicare Part C).
Does Medicare Have a Maximum Out of Pocket Limit?
Depending on the coverage selections you've made, your Medicare benefits may have low out-of-pocket costsOut-of-Pocket Costs for Medicare are the remaining costs that are not covered by the beneficiary's health insurance plan. These costs can come from the beneficiary's monthly premiums, deductibles, coinsurance, and copayments...., high out-of-pocket costs, or even unlimited out-of-pocket expenses. In this MedicareWireMedicareWire is a Medicare insurance consulting agency. We founded MedicareWire after seeing and hearing how confusing and frustrating it is to find, understand, and choose a plan. Our services are free to the consumer.... article, we'll dissect your liability and how to get more coverage if you need it.
Key Takeaways … [Read more...]
What is the Difference Between Medicare Advantage vs. Medicare Supplement?
There are many differences between Medicare Advantage plansMedicare Advantage (MA), also known as Medicare Part C, are health plans from private insurance companies that are available to people eligible for Original Medicare (Medicare Part A and Medicare Part B).... and Medicare supplement insuranceMedicare Supplements are additional insurance policies that Medicare beneficiaries can purchase to cover the gaps in their Original Medicare (Medicare Part A and Medicare Part B) health insurance coverage.... (Medigap). In this MedicareWireMedicareWire is a Medicare insurance consulting agency. We founded MedicareWire after seeing and hearing how confusing and frustrating it is to find, understand, and choose a plan. Our services are free to the consumer.... article, we'll help you figure out if a Medicare Advantage plan is best for you or if you should keep your Original MedicareOriginal Medicare is private fee-for-service health insurance for people on Medicare. It has two parts. Part A is hospital coverage. Part B is medical coverage.... and add a Medicare supplement policy for … [Read more...]
What Does Medicare Advantage Cover? 7 Facts You Should Know.
By law, Medicare Advantage plansMedicare Advantage (MA), also known as Medicare Part C, are health plans from private insurance companies that are available to people eligible for Original Medicare (Medicare Part A and Medicare Part B).... must provide the same basic healthcare services for inpatient careInpatient care refers to care provided in a hospital or other inpatient facility. Inpatients are admitted and stay at least one night depending on their condition.... and outpatient careOutpatient Care is medical care that does not require an overnight stay at the hospital. Medicare Part B provides coverage for Outpatient Care.... as Original MedicareOriginal Medicare is private fee-for-service health insurance for people on Medicare. It has two parts. Part A is hospital coverage. Part B is medical coverage..... The similarities end there, so it's important to learn what private health plans cover and how to compare plans to find the best for your needs.
Key … [Read more...]
How Does Medicare Advantage Work?
If you have ever had a Health Maintenance Organization (HMO) plan or a Preferred Provider Organization (PPO) plan through an employer or the Healthcare Exchange, you already have a pretty good idea about how Medicare Advantage plansMedicare Advantage (MA), also known as Medicare Part C, are health plans from private insurance companies that are available to people eligible for Original Medicare (Medicare Part A and Medicare Part B).... work. In this MedicareWireMedicareWire is a Medicare insurance consulting agency. We founded MedicareWire after seeing and hearing how confusing and frustrating it is to find, understand, and choose a plan. Our services are free to the consumer.... article, we'll explain what you need to … [Read more...]
What Medicare Advantage Plans Are Available In My Area?
Medicare Advantage plansMedicare Advantage (MA), also known as Medicare Part C, are health plans from private insurance companies that are available to people eligible for Original Medicare (Medicare Part A and Medicare Part B).... are organized and sold county-by-county. The reason for this, versus national plans, is that most private health insurance use provider networks, which are local. In this MedicareWireMedicareWire is a Medicare insurance consulting agency. We founded MedicareWire after seeing and hearing how confusing and frustrating it is to find, understand, and choose a plan. Our services are free to the consumer.... article, we'll help you find plans in your area and give you tips to help you choose the … [Read more...]
Understanding Medicare in 4 Easy Steps
If you are getting your Medicare benefits for the first time, the jargon may sound foreign, but you don't need Medicare for Dummies to figure it out. Once you learn the ABCs and D of Medicare, you'll be well on your way.
In this MedicareWireMedicareWire is a Medicare insurance consulting agency. We founded MedicareWire after seeing and hearing how confusing and frustrating it is to find, understand, and choose a plan. Our services are free to the consumer.... blog post, we'll break down the four main parts of … [Read more...]
When Can I Enroll in a Medicare Advantage Plan?
When Can You Sign Up For Medicare Advantage PlansMedicare Advantage (MA), also known as Medicare Part C, are health plans from private insurance companies that are available to people eligible for Original Medicare (Medicare Part A and Medicare Part B)....?
Medicare Advantage (aka, Medicare Part CMedicare Part C is Medicare's private health plan option. Also known as Medicare Advantage, Medicare Part C plans are a type of Medicare health plan offered by companies that contract with Medicare to provide all...) and Medicare Part DMedicare Part D plans are an option Medicare beneficiaries can use to get prescription drug coverage. Part D plans provide cost-sharing on covered medications in four different phases: deductible, initial coverage, coverage gap, and catastrophic. Each... plans have several different enrollment periodsEnrollment periods are designated time periods to enroll or disenroll from the various parts of Medicare. There are six Medicare enrollment periods..... The most well-known period is called the Annual Election Period, or AEP. It runs in the Fall from 15 October to 7 December. You'll want … [Read more...]
Is it Better to Have Medicare Advantage or Medigap?
Here are the five top reasons that it's better to have a Medicare Advantage planMedicare Advantage (MA), also known as Medicare Part C, are health plans from private insurance companies that are available to people eligible for Original Medicare (Medicare Part A and Medicare Part B)....:
Up-front costs (monthly premiumA premium is an amount that an insurance policyholder must pay for coverage. Premiums are typically paid on a monthly basis. In the federal Medicare program, there are four different types of premiums. ...) are generally lower.
You may have more doctor choices in Medicare Advantage.
Plans are required to take you regardless of your health condition.
If you have both Medicare … [Read more...]
How to Compare Medicare Advantage Plans
One of the more common questions we get here at MedicareWire is, "How do I choose a Medicare Advantage plan?" In this article, we'll go over some of the most important aspects of private health plans and what you should look for. We'll also offer seven tips to help you find the best plan and get the … [Read more...]
Medicare Star Ratings: What They Mean & How to Use Them
Have you ever wondered what the Centers for Medicare and MedicaidMedicaid is a public health insurance program that provides health care coverage to low-income families and individuals in the United States.... Services (CMS) star ratings mean and how to use them to choose a health plan? In this MedicareWireMedicareWire is a Medicare insurance consulting agency. We founded MedicareWire after seeing and hearing how confusing and frustrating it is to find, understand, and choose a plan. Our services are free to the consumer.... article, we'll cover what you need to know and explain how we use the CMS 5-star rating system to help you choose a plan with the … [Read more...]
What Is Medicare Part F?
The federal Medicare programMedicare is a federal health insurance program for people ages 65 and older and people with certain disabilities.... is a series of lettered (A, B, C, and D) health insurance programs available to people, age 65 and older, and certain adults with qualifying disabilities. Medicare Part AMedicare Part A is hospital coverage for Medicare beneficiaries. It covers inpatient care in hospitals and skilled nursing facilities. It also covers limited home healthcare services and hospice care.... and Medicare Part BMedicare Part B is medical coverage for people with Original Medicare benefits. It covers doctor visits, preventative care, tests, durable medical equipment, and supplies. Medicare Part B pays 80 percent of most medically necessary healthcare... (Original MedicareOriginal Medicare is private fee-for-service health insurance for people on Medicare. It has two parts. Part A is hospital coverage. Part B is medical coverage....) is provided directly by the government, whereas Medicare … [Read more...]
Is CMS Biased in Favor of Medicare Advantage?
While studying Medicare & You 2021: The official U.S. government Medicare handbook to look for changes coming in the new year (which you can download here), the MedicareWireMedicareWire is a Medicare insurance consulting agency. We founded MedicareWire after seeing and hearing how confusing and frustrating it is to find, understand, and choose a plan. Our services are free to the consumer.... staff began noticing language and diagrams that it felt would bias readers. In fact, once you start looking for it, you … [Read more...]
Brand New Day vs. 5-Star Kaiser Medicare Advantage in California
Medicare Advantage plansMedicare Advantage (MA), also known as Medicare Part C, are health plans from private insurance companies that are available to people eligible for Original Medicare (Medicare Part A and Medicare Part B).... expanded into dozens of new counties for the 2021 plan year. With the expansion in plans also came the news that the Centers for Medicare and Medicaid ServicesThe Centers for Medicare & Medicaid Services (CMS) is the U.S. Federal agency that runs the Medicare, Medicaid, and Children’s Health Insurance Programs.... (CMS) increased the maximum out-of-pocket (MOOP) limit to per year.
However, several companies, including Brand … [Read more...]
Medicare Advantage vs. Medicare Supplement: Which is Best for You?
Medicare SupplementMedicare Supplements are additional insurance policies that Medicare beneficiaries can purchase to cover the gaps in their Original Medicare (Medicare Part A and Medicare Part B) health insurance coverage.... vs. Medicare AdvantageMedicare Advantage (MA), also known as Medicare Part C, are health plans from private insurance companies that are available to people eligible for Original Medicare (Medicare Part A and Medicare Part B)....: Which is Better?
Before 2003, when Medicare added the private health insurance option, known as Medicare Advantage, seniors only had two options: pay out-of-pocket or buy a Medicare supplement. Now there's anon-going debate as to which option is … [Read more...]