Medicare Advantage 2020
A wide range of plans fall under the Medicare banner. We want to focus on a set of plans that offers perhaps the greatest coverage of all. These are Medicare Advantage 2020 plans, and they can take care of more medical expenses for you than the standard Medicare plan does.
How Well Does Medicare Advantage Cover You?
We want to start with the coverage, as that is the most important aspect of all with these insurance plans. Advantage plans get their name from their ability to cover more than most healthcare plans. Here is what your typical Medicare Advantage plan will cover for you:
Emergency treatment and services
Urgently needed healthcare
Medicare Part A inpatient care
Medicare Part B outpatient care
All of these items are included in the basic coverage that every Medicare Advantage plan must provide. Now, there are some other types of Advantage plans that offer different coverage, but they all include this same set of items.
You can find some labelled as Part D Advantage plans. These will cover you for all the basics we just mentioned as well as for the prescription drug plan Part D. Exactly how well they cover you for prescription medications will vary depending on which carrier you purchased the plan from.
Medicare Advantage plans may also be able to cover you for checkups related to your general wellness, your vision or your hearing. As part of that package of coverage, they would take care of the cost of getting a new hearing aid or eyeglasses.
These are the major range of Advantage plans that you can pick from, and this gives you a good idea of the kind of coverage you can expect from one of these plans. Each insurance company will have its own lineup of plans, and that lineup changes periodically to reflect what they think customers are wanting. You can check out a selection of these plans here on our site and see how their prices compare. We offer a free and easy way to find out what the prices are and to compare them in order to get the best deal.
How Much Will You Pay?
We talked about how well these plans cover you, and as you can see, they offer extensive healthcare coverage. You might expect to pay a lot for that coverage, but some of these plans are surprisingly cheap. If you use our website to source your quotes, you can see exactly how inexpensive some of these plans are. There are definitely some pricey ones available, but you don’t have to go for those at all. Just pay attention to the coverage and go for the cheapest version for the kind of plan you want.
With any of the Advantage plans, you will be expected to make a monthly payment called a premium. Some of the Medicare Advantage 2020 plans have a $0 monthly premium, and you can use our website to find them without having to pay anything for the service or be under any obligation to sign up for a plan. Even with a low premium you may still be required to pay a deductible, and that can counter the cost of the cheap premiums.
Prices won’t stay the same, and you can track changes in pricing here on our site. You are free to come back here and check rates as often as you like, and we encourage you to do so in order for you to stay up to date on the pricing and how much value each plan offers.
Can You Be Covered Anywhere with Your Advantage Plan?
If you are familiar with some of the other Medicare-type plans that are available, you may think that Advantage plans are similar in that they cover you practically anywhere you go, but that’s not true. These plans are all limited by the provider’s network. So, if you sign up for a Mutual of Omaha Medicare Advantage plan, then you can only get the full coverage of the plan within Mutual of Omaha’s network. This includes any hospital, clinic, doctor’s office or pharmacy that is accepting their plans and is considered to be part of their network.
Each insurance company has its own network, and that limits the coverage area. The larger companies tend to have larger coverage networks, so keep that in mind as you try to find the right plan and the right provider.
You may see that some of the Advantage plans are labelled as “HMO plans” and some have a “PPO” label. This tells you what kind of network option they offer.
HMO plans are Advantage plans that can only work if you are in the network receiving your care. If you go outside of that network while on the HMO plan, then you will receive no coverage whatsoever for the healthcare services performed. HMO plans are very popular because they are a cheap way to get the coverage that people need, but they won’t work outside the coverage area.
PPO plans give you a different kind of experience. They will offer the same full coverage within the network that the HMO plan does, but they will also cover you outside the network. However, they don’t offer quite full coverage when you go outside of the insurance company’s network. Instead, you only get partial coverage, but that is better than nothing. PPO plans are less popular than HMOs and will cost you more They are ideal in situations where you have limited access to a network facility for your insurance provider, such as in rural areas.
The network, pricing and coverage are all part of what make up the Medicare Advantage 2020 plans. You can find out more by using our site to search for a plan or by contacting us directly. One of our experienced customer service representatives will be happy to speak with you about any Advantage plans you are interested in. You can get your questions answered and receive professional advice about your next step for healthcare coverage.