![]() Existing Medicare enrollees and first-time shoppers can compare Medicare Advantage plans and traditional Medicare on .Ĭheck your health network. Look closely at any changes your plan is implementing and compare that to other plans available in your area. Many insurers change their cost-sharing, premiums and prescription drug formularies (the list of drugs covered by the plan) each year, Lipschutz explained. "Just because a plan works for you this year doesn't mean it will necessarily work for you next year." warned David Lipschutz, an attorney at the Center for Medicare Advocacy. Look for changes in your existing plan. If you're already enrolled in a Medicare Advantage plan, your insurer will likely send you information soon regarding 2018 plan details. If you are part of a Medicare Advantage plan or considering Medicare Advantage in the upcoming sign up period, or if you are taking care of a loved one with MA coverage, here's a preliminary glimpse at what you need to watch out for in the year ahead. "Promise" Americans you won't cut Medicare, Sanders urges Trump 01:49 Of the 126 Medicare Advantage plans studied, the GAO found 35 of them had disproportionately high numbers of sick people dropping out. A recent Government Accountability Office report found that a large number of Medicare Advantage enrollees, especially those in poor health, drop out of the plans because they have trouble getting access to the care they need. About one-third of people eligible for Medicare enroll in Advantage plans. In the recent past, some Medicare Advantage plan members have been struggling to find the care they need, especially those who have acute or chronic illnesses. Medicare Advantage is different from Medigap, which is designed to help fill the gaps in traditional Medicare coverage. Premiums, deductibles and co-pays vary significantly from plan to plan, so comparing costs and coverage each year - even if you are already enrolled - is critical. Medicare Advantage plans, offered by private insurers, provide traditional Medicare coverage and often offer additional benefits such as dental, vision and Medicare Part D prescription drug coverage. Not affiliated with or endorsed by any government agency.Įvery year, Medicare evaluates plans based on a 5-star rating system.Įnrollment in a plan may be limited to certain times of the year unless you qualify for a special period or you are in your Medicare Initial Election Period.HHS Secretary Tom Price says "we believe in the guarantee of Medicare for our seniors" 05:55Īs if there isn't enough to worry about when it comes to finding health insurance, add this item to the list: Medicare Advantage.Ĭhanges in plan structures and a dearth of insurers in rural areas may leave consumers with fewer choices and more confusion in the upcoming Medicare open enrollment period, which begins October 15. You must continue to pay your Medicare Part B Premium. $0 premium plans are not available in all areas. ![]() Benefits may vary by carrier and location. Not all plans offer all of these benefits. Please contact or 1-800- MEDICARE, or your local State Health Insurance Program (SHIP) to get information on all of your options. Currently we represent organizations which offer products in your area. ![]() We do not offer every plan available in your area. Enrollment in plans depends on contract renewal. The Medicare plans represented are PDP, HMO, PPO or PFFS plans with a Medicare contract. What to Consider When Shopping for Medicare Coverage.If you only want plans with prescription drug coverage, browse Prescription Drug (Part D) Plans. You can read about whether Medicare Advantage is right for you. Not all plans shown here will be available to you enter your ZIP Code to see some of the plans available in your area. Even if a plan's monthly premium is $0, you would still pay the Original Medicare Part B premium, and Part A premium if applicable, to have medical coverage. Some Medicare Advantage plans have a prescription drug component that helps cover medications. These plans help cover the costs of services provided by hospitals, doctors, lab tests and some preventive screenings. Medicare Advantage plus Prescription Drug plans are an alternative way to get your Original Medicare. The plans below offer Medicare Advantage plus Prescription Drug plan coverage to Massachusetts residents.
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