What Is Medicare Advantage?
A Medicare Advantage plan is available to provide more options for Medicare beneficiaries. Medicare pays private insurance companies a monthly premium to be your insurance company. When you are insured on a Medicare Advantage Plan, your private insurance company pays a portion of your claims while you pay a copay. A copay is different from the co-insurance that you pay with Original Medicare (20% for Medical Services Covered by Part B). Another great benefit to having a Medicare Advantage plan is the maximum out of pocket limit which is the most you could be billed for medical services in a year. All Medicare Advantage Plans in Texas have a maximum out of pocket.
Which Carrier Should I Choose?
There are several carriers to choose from. Many Medicare Advantage Carriers offer many extras such as gym memberships (SilverSneakers®), dental insurance, vision coverage, hearing benefits, over the counter items and many other benefits. Each plan has a service area, so a Medicare Advantage plan that is offered in San Antonio will be different than most plans you would see in Mcallen or Dallas/Fort Worth. This is why using a local independent agent is so important.
Why Speak With a Local Independent Agent?
We believe that speaking with a local agent the most important decision you can make when shopping for a Medicare Advantage Plan. If you’re speaking to someone who is not in your city, metro area or even your state, how would they know all they need to about the local market