The Original Medicare Plan does not cover all of the healthcare services needed by the people. Several gaps exist in the Original Medicare plan. AARP Medicare Supplement Plan, also known as Part C, help to bridge this gap. These plans provide coverage beyond what is provided by Original one. Part C combines Part A (hospital coverage) along with Part B (medical coverage) and offers all benefits of Part A & Part B as well as some additional benefits.
MA Plans are health plans offered by private insurance which are approved by Medicare, and endorsed by AARP. For running these, Medicare pays a fixed amount to different companies every month. In turn, these private insurance companies must provide services equivalent to the Original one.
So, actually how good are these options? Let us make a review.
Many older adults, upon reaching the qualified age, will enroll in AARP Medicare supplement Plans 2019 ensuring they avoid surplus medical bills.
What do MA Plans offer?
Medicare A offers hospital coverage and B offers medical coverage. MA Plans or Medicare Part C combines these two options and provides additional benefits and services not covered by Original. It offers additional benefits like routine dental, eye, and hearing check-ups, nursing services, wellness services and prescription drug coverage as part of Medicare prescription drug coverage (Part D), better known as MAPD plan.
Based on services covered, MA plans do score high.
How much MA Plans cost?
To be eligible for Supplement, you need to have signed up for Original A and B. You need to pay your Part B premium each month and additionally those costs might include premiums, copayments, coinsurance, and annual deductibles. Different types of Supplement such as Health Maintenance Organizations (HMOs), Preferred Provider Organizations (PPOs) and Private Fee-for-Service (PFFS) offer different benefits at different costs. Some options offer $0 monthly plan premiums and even coverage for many preventive services for zero copayment. However, the overall costs may vary depending on insurance company offering the plan and location where a plan is being offered.
Cost wise, MA Plans ensure that medical expenses do not create a hole in your pocket.
As one can see, MA Plans offer plenty of benefits not covered in the Original Medicare. They also offer flexibility in terms of receiving care from provider of your choice, whether he or she is inside the network or outside the network. Moreover, different MA Plans offer different benefits along with features, which are affordable so they can fit a variety of healthcare needs.