Many
Seniors Unknowingly Find Reduced Access to
Healthcare Because they Enrolled in a Medicare
Advantage Plan.
A
Medicare Advantage Plan is a private insurance
plan that takes the place of Medicare based
on an insurance company's contract with Medicare.
There are two types of Medicare Advantage
Plans: Managed Care Plans such as an HMO (Health
Maintenance Organization) or PPO (Preferred
Provider Organization) and Private Fee for
Service Plans. To enroll in a plan you must
voluntarily drop out of Medicare and sign
up with the Insurance Company offering the
plan. What's more, each plan can choose not
to renew their contract with Medicare each
year in any service area they please and,
if they do so, you will be dropped from the
plan. Medicare Supplement insurance, on the
other hand, is Guaranteed Renewable for life.
You cannot lose your coverage for any reason
as long as you pay your premiums.
We
do not offer Medicare Advantage Plans, as
we don't think they as good of a product as
a Medicare Supplement Plan. See the videos
below:
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