Which Medicare Advantage Plans Are Available in My Area?
How to choose the right Medicare Advantage plan for you is probably the most important question you should ask when searching for plans. Before choosing a plan in your area, find out what type of coverage you need. An easy way to find that out is with our free Medicare Plan Identifier Tool. Answer five short questions and get a recommendation on what plan type best fits you. Just because an insurance carrier might offer plans across the country, that does not always mean that they will have a plan in your zip code. Medicare Concierge helps locate the right plan for you and can get you a no cost, professional consultation from a licensed insurance agent.
Check Each Plan’s Network
A licensed insurance agent can help you make a list of doctors, hospitals and prescriptions that will be covered in your network. Be ready to provide your current doctor and plan. As you look through each plan, make sure your doctors and hospitals are covered in-network. Going to a doctor that’s out-of-network will cost you more.
If you’re looking for coverage that allows you to see any doctor you want, consider a Preferred Provider Organization (PPO) plan that offers more flexibility but at a higher cost.
Who Has the Best Medicare Advantage Plans?
Every year, Medicare plans are evaluated by The Centers for Medicare & Medicaid Services (CMS) on quality of care, customer service and several other categories using a star rating system, with five being the highest rating. Use these evaluations to give you a better idea of plan quality once you find a plan that suits your needs.
Choosing the best Medicare Advantage plan isn’t a simple process and can lead to confusion as you sort through multiple plans. Reach out to a licensed insurance agent who can help you at no additional cost. They’re knowledgeable about Medicare Advantage and will provide plan recommendations based on your situation.
Research and Compare Plan Costs and Benefits
As you research different plans, consider what your health coverage will cost you overall depending on your usage. If you plan to use your insurance often, it might make sense to lower your out-of-pocket costs with a higher monthly premium. If not, a lower monthly premium could be more cost-effective.
Look at these costs and limits to get an overall idea of expenses:
- Out-of-pocket maximums
Medicare Advantage plans also have an annual limit on your out-of-pocket costs that can safeguard your finances. See if it’s an amount you can prepare for, in case you run into high medical costs.
When considering how to choose the right Medicare Advantage plan for you, there are a few more factors to look at. Look closely at the quality of the coverage for the services you use most. Make sure the plan covers the extras you want, this can include:
- Gym membership
- Dental coverage
- Vision coverage
- Hearing coverage
- Prescription drug coverage
Learn more about dental, vision and hearing insurance.