Everything has its downside and its other good side, same case to Medicare advantage plan. These are plans which are offered by private insurance companies and they differ in terms of guidelines and rules provided that leads to the following restrictions.
Specific rules and guidelines depends with each private company; some these companies may differ in cost or premiums which are supposed to be paid by the user. Comparing it with the original Medicare the Medicare advantage plan may be much more expensive. At some point the benefits and the premiums may vary each year.
Some of the insurance companies may require someone to follow strict regulations for you to get the coverage that you want. Getting referral to visit a specialist can be tricky sometimes and the rules opposed by the insurance company are strict. If you have to change your doctor and at some point you will find that the doctor that you are supposed to see is not in the list, the cost will be high than you expect. If you do not want to pay high cost, you will have to change to the hospital that is within the Medicare advantage plan.
The other disadvantage is that, Medicare has a yearly contract with Medicare advantage plans and they might decide not to renew the contract in the following year.
Pros of Medicare advantage plan
Some of the insurance companies offers zero percent premium for the Medicare Advantage in 2019. The availability of these Medicare advantage plans depend on the state and county in which you stay. It is easy to find the nearest hospital that accepts the Medicare advantage plan that you have to choose.
Besides from the benefits that the original Medicare offer, advantage Medicare plan may have extra coverage that are not covered by part B and part A. The extra coverage include hearing, vision and dental coverage.
Every Medicare advantage plan has its maximum cost limit on the money that you will spend on your health cost every year. Once you meet the limit required you will not pay even a single cent for the covered services. Each Medicare advantage plan differ when it comes to the limit which is required and the amount may change time to time.
Still Medicare advantage plan is a great benefit to the user and one is able to feel safe by knowing that your health is covered