Allsup Outlines 10 Essential Questions People Need to Ask when Evaluating Medi... (Medicare Advantage plans which are prov...)

Allsup Outlines 10 Essential Questions People Need to Ask when Evaluating Medicare Plans

Date:12/17/2008

Medicare Advantage plans, which are provided by private companies approved by Medicare. Because traditional Medicare has fairly high deductibles, co-payments and co-insurance, many people also purchase Medigap supplemental coverage. You do not need Medigap coverage with Medicare Advantage plans.

2. Does the plan cover pre-existing conditions?

Generally, Medigap does not cover pre-existing conditions. As a result, for many people with disabilities, traditional Medicare with Medigap supplemental coverage is not the best option. Medicare Advantage plans, conversely, are required to cover pre-existing conditions.

3. Do my doctors accept the plan?

Physicians and hospitals are required to accept traditional Medicare, but they choose whether or not to participate in Medicare Advantage plans. Within Medicare Advantage plans, people selecting Preferred Provider Organization (PPO) plans will have more flexibility in selecting doctors or hospitals than those choosing Health Maintenance Organization (HMO) plans. However, HMOs may be more cost effective if a beneficiary's chosen physician is a part of an available HMO plan.

4. Does the plan cover my prescription drugs?

Individuals with traditional Medicare do not have prescription drug coverage unless they also enroll in and pay an additional fee for a Medicare prescription drug plan (PDP). Most Medicare Advantage plans incorporate prescription drug coverage. Beyond the prescription drug premium cost, individuals need to look carefully at plan co-pays, deductibles and co-
'/>"/>

0

GOOD

Page: 1 2 3 4 5 6
Related medicine news :

1. Look Before You Leap: Allsup Cautions Medicare Recipients about the Prescription Drug Donut Hole
2. Allsup Finds Healthcare Costs Consuming Larger Part of Fixed Incomes
3. New Medicare Advantage Marketing Rules Help People Make Informed Choices, Allsup Says
4. Traditional Medicare vs. Medicare Advantage Plans: Allsup Finds Knowing the Differences Means Savings for People with Disabilities
5. Social Security 2009 COLA Helps, But People with Disabilities Will Still Struggle, Says Allsup
6. Allsup Introduces Health Discount Program to Millions of People with Disabilities
7. Allsup's New Medicare Advisor Program Helps People with Disabilities Make Sound Healthcare Coverage Decisions
8. Allsup Outlines Five Critical Issues for Caregivers Preparing to Take on Financial and Healthcare Responsibilities
9. Allsup Salutes 18th Anniversary of Americans with Disabilities Act
10. National CTE Research Center Outlines Projects
11. New statement outlines essentials of heart failure clinics

Post Your Comments:

Allsup Outlines 10 Essential Questions People Need to Ask when Evaluating Medi...(Medicare Advantage plans which are prov...),Health