This blog section contains information on Medicare Advantage plans. Learn about Medicare Part C and discover when you can change your plan during the Open Enrollment Periods. Moreover, find out about Silver Sneakers, Dental Plans, and compare Supplement plans to Medicare Advantage plans.
About Medicare Advantage Plans / Medicare Part C What Is Medicare Advantage (Part C)? As a Medicare recipient, you are eligible for additional health plan choices, such as Medicare Advantage. This type of plan, sometimes referred to as “Part C”, combines health insurance with health services. The benefits include all of Part A (hospital insurance) […]
Medicare Supplement vs. Medicare Advantage Plan, which offers better coverage? A Medicare Supplement Plan works with Medicare to pay the out of pocket costs that Medicare does not pay for. When you have a Medicare Supplement Plan, you will continue to use your Medicare red, white, and blue card, as well as your Medicare Supplement […]
Cigna Healthspring and the Medicare market: Back in 2012 Cigna Cop. purchased HealthSpring of Nashville. Tennessee for $3.8 billion for a larger share of the Medicare market. Cigna has recently announced that they are starting a new marketing campaign branding the two companies together. Cigna Healthspring Medicare Advantage This is a good sign if you […]
Obamacare includes changes to Medicare Advantage Plans: The following changes to Medicare Advantage plans will be effective January 2014. Advantage plans will be held to a minimum loss ratio of 85% Requires restructuring the funding levels to Advantage plans in order to reduce payments closer to traditional Medicare (i.e. remove the 14% “overpayment”) As a […]