Which product are you interested in getting a quote for?

Why do people choose Medicare Advantage over Medicare?

03/20/2023

a woman sitting at a table smiling

Why do people choose Medicare Advantage over Medicare?

When it comes to healthcare coverage for seniors, Medicare is the go-to option for many. However, some individuals may enroll in a Medicare Advantage plan instead of traditional Medicare. This blog post will explore why people choose Medicare Advantage over Medicare.

What is Medicare Advantage?

Medicare Advantage, or Medicare Part C, is an alternative to traditional Medicare. It is a type of health insurance plan offered by private insurance companies that provides coverage for Medicare-eligible individuals.

Why People Choose Medicare Advantage

1. Additional Benefits

One of the main reasons people choose Medicare Advantage over Medicare is the additional benefits the plan offers. Medicare Advantage plans may include coverage for services not covered by traditional Medicare, such as vision, hearing, and dental care. Some plans may also include prescription drug coverage.

2. Cost Savings

Medicare Advantage plans may also offer cost savings for some individuals. While Medicare has deductibles and coinsurance costs, Medicare Advantage plans typically have a cap on out-of-pocket expenses for services covered by traditional Medicare. This means that the plan will cover 100% of the remaining costs once the out-of-pocket maximum is reached.

3. Simplified Coverage

Medicare Advantage plans can simplify coverage for some individuals. With Medicare, individuals need to enroll in separate plans for Part A (hospital insurance), Part B (medical insurance), and Part D (prescription drug coverage). With Medicare Advantage, all these services may be included in one plan, making managing and understanding coverage easier.

4. Network of Providers

Medicare Advantage plans often have a network of providers that participants can choose from. This can benefit individuals who have a preferred healthcare provider or want to ensure access to a specific hospital or medical facility.

5. Wellness Programs

Many Medicare Advantage plans offer wellness programs and preventative care services. These programs may include fitness classes, nutrition counseling, and disease management programs. This can help individuals maintain their health and prevent more severe health issues from developing.

Conclusion

While Medicare is the traditional choice for healthcare coverage for seniors, Medicare Advantage plans can offer additional benefits, cost savings, simplified coverage, access to a network of providers, and wellness programs. If you are eligible for Medicare, consider your options and speak with a healthcare professional to determine the best plan for your needs.