Medicare Advantage was created under the Medicare Modernization Act of 2003. In other words, Best Medicare Advantage Plans in Arizona is designed to allow private providers such as Anthem Blue Cross, United HealthCare, Humana, and others to create health care plans designed for individuals. Using Original Medicare, plans are unified to combine what Original Medicare provides, with added benefits such as preventive care, dental, vision, and hearing.
These Best Medicare Advantage Plans in Arizona provide additional assistance for seniors to help reduce overall health care costs. Medicare Advantage is approximately 17% of what traditional Medicare additionally pays.
To join a Medicare Advantage plan, you must meet the requirements below.
– You must have Part A Original Medicare.
– Continue paying for Part B Original Medicare
– Must be in the service area as planned
– Must not have end-stage renal failure at the time of registration
to help you understand the difference Let’s say you are 68 years old and need a hip replacement. Medical expenses increased by 68,000 after the first visit to the doctor. A specialist’s visit, surgery, and rehabilitation are approximately 6 months apart.
Under traditional Medicare:
– Medicare pays 80% or 54,400
– You are responsible for 20% outstanding charges or 13,600 out of pocket.
How do you plan to cover the 13,600 expenses? in most cases Especially if you only have original Medicare. This is a huge expense. If you’re lucky enough to get a cheap Medicare Supplement, this might not be a big deal. But paying extra for millions is not a fixed income option. This is one of the reasons the Medicare Advantage system exists.
Under Medicare Advantage:
– Original Medicare covers 80% or 54,400
– If Medicare Advantage covers an additional 17% (approximately) or 11,500
– Your total cost is about 2100.
I’m sure you’ll find that Medicare Advantage saves you a lot of money. Join us! Before signing, it’s important to understand the different types of planning networks. Here, seniors often make the mistake of purchasing an advantage plan based on price alone. Choosing the wrong network will cost you more money for health care.
There are generally three types of Medicare Advantage plan “networks”.
– Health Organization (HMO Plan)
– Preferred Service Provider Organization (PPO Plan)
– Personal Fee (PFFS Plan)
HMO Medicare Advantage Networks have the smallest provider network. The HMO network is small because there are a limited number of doctors, hospitals, and other facilities because the PPO Medicare Advantage Network includes doctors, hospitals, and facilities. more number There are additional options for individuals who may need care that may not be available within a smaller HMO network. The private service fee represents the largest number of doctors, hospitals, and treatment facilities for the elderly.