However, the increasing popularity almost everywhere throughout the country will have multiple carrier and policy options. What Medicare Advantage plan options available to you depend on your state and locality. As we face the uncertainty of the future, more people are seeking more comprehensive healthcare coverage beyond what Original Medicare Provides.Ĭompare The Best Medicare Advantage Plans That’s the single biggest year-over-year increase ever.
Last year Medicare Advantage enrollment increased a whopping 9% over the previous year. And According to the Congressional Budget Office, 51% of all Medicare beneficiaries will be enrolled in a MA plan by 2030!Ĭorona Virus is Also Driving UP Medicare Advantage Plan Enrollment. Medicare Advantage Plans Are Extremely Popularĭid you know that 1/3 of all Medicare beneficiaries currently own a Medicare Advantage policy? That’s nearly 20 million people.Īdditionally, as healthcare costs continue to rise, so do the number of people who enroll in Medicare Advantage policies. These plans cover Medicare copays, coinsurance, and all deductibles in exchange for a single monthly premium. In addition to these benefits, Medicare Advantage also fills the financial gaps looming within Medicare that can really impact your retirement savings. These are private insurance policies that expand your Original Medicare benefits to include services like vision, dental, hearing, and prescription drug coverage. Also known as Medicare Part C, Medicare Advantage policies are a secondary layer of health insurance coverage that protects where Medicare falls short.
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