At some point in their lives, everyone needs hospital care. It’s important to know the ins and outs of Medicare Advantage so that you understand the coverage and benefits you receive as a Medicare beneficiary.
The vast majority of hospitals do accept Medicare but not all of them. Because there are a few exceptions nationwide, you should double-check with the hospital before you go (only if it is safe to do so, of course) or visit Medicare.gov’s Health Care Comparison tool to find Medicare-accepting hospitals in your area.
Medicare Advantage insurance plans are offered by private insurance companies and are approved by the Federal Government. These plans typically use HMO, PPO, or PFFS networks. They cover the same benefits as Part A (hospital insurance) and Part B (doctor visits). Some also offer other benefits that Original Medicare doesn’t cover like vision, dental and prescription drugs, even fitness benefits and may also offer additional benefits like transportation to and from your doctor’s office.
Medicare Advantage plans are offered by private insurance companies, but they include your Original Medicare coverage. That means you’ll only have one monthly premium for all of your Medicare benefits. This is a great way to simplify your bills without sacrificing helpful coverage.
With Part A alone, you will still have out-of-pocket costs when going to the hospital. Medigap or Medicare Advantage plans can help alleviate surprise costs when a serious health situation arises. These options will help give you peace of mind and help ensure that you have health care coverage when you need it.
Disclaimer:
The information provided in this blog post is intended for general informational purposes only and does not constitute medical advice. It is not a substitute for professional medical consultation or treatment. Always consult with a qualified healthcare provider for any questions you may have regarding a medical condition.
