It is not unusual for those in the beginning stages of figuring out Medicare to have many questions. Many people have heard of Medicare Advantage, but they might not know that it is a healthcare plan that provides Medicare benefits through a private insurer.
At Grand Anchor Insurance, our goal is that individuals have all the information they need to choose wisely. This is an important decision that will impact a person's health care and finances. While original Medicare coverage handles many medical expenses, it is always worth considering all options on the table.
Details of a Medicare Advantage Plan
Once a person turns 65 in the U.S., they have access to Medicare coverage, with parts A and B covering medically necessary services. Some medical services that are more routine are not covered. A person who considers a private insurer plan for Medicare should understand a few essential details:
- Medicare approves these plans
- A private insurer runs them
- They can include extra benefits such as dental, hearing, and vision
Medicare Advantage plans have fee structures and rules and regulations concerning covered expenses, deductibles, and in-network medical providers. For more information, individuals can contact us at Grand Anchor Insurance.