One of the better options for seniors for medical coverage are the Medicare Advantage 2018 selections. These coverage plans can take care of a multitude of medical expenses, making life a bit simpler and even cheaper for many people. If you have medical expenses that are proving difficult to pay, then you should consider this plan. We are going to take a close look at what Advantage plans have to offer you and why you may want to go with one for your medical coverage.
The Coverage Advantage
So, let’s say you have a lot of medical expenses and the Medicare Original plan just isn’t cutting it. Then you add on a supplemental plan and that still isn’t enough. You still have medical expenses you are paying for out of your own pocket and they are proving to be too much for you to handle. In that case you may need to scratch out all the coverage you have and start with something new.
That’s what Medicare Advantage plans are meant to do. They replace your existing Medicare coverage and give you something far more comprehensive. That’s not to say that they will cover you for every medical expense you may have, but for a large majority of people, they will cover most of their medical costs. That’s an attractive solution then, as it simplifies the bill payment process and gives the people peace of mind about what they need to pay out of their own pockets for. They know that their Advantage plan will pretty much cover them and that they simply need to keep up with the regular payments on that.
There are three main things that all Advantage plans will cover for you:
- Almost all your Original Medicare plan will be covered under the Advantage plan
- Most supplemental expenses will be covered as well
- Regular checkups for sight, hearing and more will be covered too
These are all standard for Advantage plans. In addition, you may be covered for Medicare Part D. That would be coverage for prescription drugs, and while it may not cover every prescription in full, it is robust coverage for your medication. Many people have all their medications covered under this part of the plan.
The coverage will vary from one Advantage plan to the next. Usually, each insurance company that sells them has a slightly different plan than the next company does. They are allowed some freedom as to what they can decide to cover or not, though they all have to provide those three basic items of coverage listed above. The Part D coverage and other small coverage items are optional.
That level of freedom given to insurance companies regarding Advantage plans, means that you need to be careful about which one you choose. You don’t just want to pick the first one that looks appealing and then end up regretting it later when you find out that you could have gotten better coverage at the same price.
Choosing the Right Advantage Plan
Because Medicare Advantage 2018 plans are so diverse, you may have some trouble narrowing down the selection that is right those for you. To choose the most appropriate plan for your situation, you need to first determine what your coverage needs are. After all, you can’t decide which plan will fit your needs if you don’t first know what those needs entail. So, we suggest consulting with your doctor and examining your finances and health to get a good idea of where you stand.
Try to figure out how much you are paying each year in medical care and how much you could save by choosing one Advantage plan or another. You may not need something that offers expansive coverage, and you may decide that one of the lower coverage Advantage plans is right for you. Just take your time and make the right choice.
Do You Need Advantage Coverage?
As you look at your options and try to decide what it is you need out of a medical coverage plan, you could conclude that you don’t need an Advantage plan at all. That is because they are not made for everyone. In fact, usually only people with a lot of coverage needs or some serious medical problems would need these. They are robust, and they offer a lot more than the average medical coverage plan. Because of that, they won’t be good fit for everyone.
Of course, you want to be absolutely sure that you are choosing the right kind of plan. That’s why we are asking you to look at your 2018 coverage options now. You need to know what will be right for you and what kind of plan you should be looking for. That can take some time, as you need to examine what kind of coverage is available and what would be a good fit in your situation.
Also keep in mind that your needs are going to change over time. What works well for you this year may not be such a good fit next year. You can end up regretting your choice and wishing you had chosen a different plan, or you may simply decide that it is time to change plans at some point. It’s a good idea to keep up with your coverage need and the available plans so that you always know what is the best option for you.
Don’t be afraid to change your coverage plan when necessary. Medicare Advantage plans may not be right for you now, but in a few years, if your health becomes worse, then you may benefit from such an expansive plan. That’s when you will be glad you kept up with them and planned the right kind of coverage for yourself in advance.
You can sign up for Medicare Advantage 2018 just as soon as Open Enrollment begins. Just be sure that you have done the research and have chosen the most suitable plan at that point.