What is a Medicare Advantage Plan?
A Medicare Advantage Plan is a type of Medicare health plan that contracts with Medicare to provide you with all your Part A and Part B benefits, that Original Medicare cover. What makes Medicare Advantage Plans much more appealing than Original Medicare, is that they offer much more than what Original Medicare would.
Original Medicare includes Part A and Part B. With Original Medicare alone, hospital and doctor visits are covered. There is a 80-20 coinsurance split with doctor and medical expenses on Original Medicare, meaning that the Medicare beneficiary would be financially responsible for 20% of whatever medical procedures or doctor visits they happen to occur.
Medicare Advantage Plans typically work off of copayments to protect the Medicare beneficiary from financial hardship, and many of those copays can be as low as zero dollars. They also offer there members a maximum out-of-pocket to protect them from overly expensive medical expenses. Meaning that once a member reaches a certain dollar amount with regards to their medical expenses, they would no longer pay medical for the rest of the plan year.
Medicare Advantage Plans in Nevada include:
Under every Medicare Advantage plan, you will still be responsible for paying your monthly Part B premium of $144.60 (could differ), but you would get extra services that Original Medicare would not cover.
What do Medicare Advantage Plans cover?
Medicare Advantage Plans must cover all of the services that Original Medicare covers except hospice care. Original Medicare covers hospice care even if you're in a Medicare Advantage Plan. In all types of Medicare Advantage Plans, you're always covered for emergency and urgently needed care.
Extra services that may be covered under Medicare Advantage Plans in Nevada include:
Contact us to learn more about the right Medicare Advantage plan for you.