Growing old is one of the inevitable things in life. Everyone will surely reach that stage at some point in time. As you get older, there will be many changes in your physical capabilities and stamina. You are more vulnerable now to sickness and illness since your body has a slower healing capability. Also, you are already required to take prescription medicines for your own good. It is good to know that when you get old, Medicare Advantage is here to lend a hand in taking care of your health. This insurance policy provides an alternative solution for your healthcare needs. It is an option you can choose other than the original Medicare. It carries the same Part A or hospital coverage and Part B or doctor and outpatient coverage found in the original Medicare. But Medicare Advantage also comes with additional healthcare benefits that are beneficial to older people. And here are three reasons why you should get Medicare Advantage for your medical and healthcare needs: Medicare Advantage Costs Less
A recent report released by an American health care company found out that getting Medicare Advantage is less expensive than the other healthcare options. The study revealed that Medicare Advantage policyholders pay lesser premiums and out of the pocket expenses compared with other Medicare coverages. For example, a 72-year-old Medicare Advantage beneficiary with a maximum income of $27,000 spent $3,632 annually on healthcare spending. This figure is 39% lower than the amount that a beneficiary has to pay if he gets the original Medicare with an add-on of Part D or Prescription Drug Coverage and Medigap Plan F. Medicare Advantage policyholders paid $2,000 in premiums and $1,600 for out of the pocket costs. In contrast, plan holders of original Medicare plus Part D and Medigap Plan F paid $4,668 in premiums and $1,292 for out-of-pocket expenses. Medicare Advantage Has More Benefits Medicare Advantage carries more benefits than the original Medicare. Most Medicare Advantage plans include Part D or Prescription Drug Coverage. Part D is not part of the original Medicare, and if you need such coverage, you need to get it separately. Typically, prescription drug coverage can shoulder nearly all outpatient prescription medicines except for weight loss or weight gain and fertility medicines. Besides prescription drug coverage, many Medicare Advantage plans offer dental and vision coverage, which should include regular dental and vision care. Conclusion Getting old comes with many health issues that you need to deal with. Some of these health issues could potentially drain your personal funds. But have no worries since Medicare Advantage understands your needs. It will be your best partner in taking care of your health. At The Medicare Space, we put our clients first by offering them policies that they can afford. Having insurance is a necessity nowadays, and we're here to help you out. Learn more about our products and services by calling our agency at (866) 717-8683. You can also request a free quote by CLICKING HERE.
1 Comment
6/7/2022 02:13:45 pm
I liked learning that you can save more money with Medicare Advantage plans by spending less on premiums and out-of-pocket expenses. My mom and dad are hoping to choose the best health insurance plan now that they are retired. I will suggest that they save money by investing in a reliable Medicare Advantage plan.
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