Three Reasons Why A Medicare Advantage Plan May Not Be For You

​When you get sick, the only thing that matters is how fast you get better. It’s for this reason Medicare Advantage exists. It’s a way to ensure that when you get sick and need some help, your healthcare plan and doctors won’t run you over with their medical bills. However, many people haven’t taken advantage of this option — and here are seven reasons why it might not be for you.

Here are three reasons why an advantage plan isn’t for you.

You Want More Predictable Costs
Some lists of Medicare Advantage plans offer zero-dollar premiums. But no premium doesn't mean free coverage. Instead, you will have to pay the maximum out of pocket each year, which will be higher if your premium is lower. 

Medicare supplement plans can scare you with monthly premium prices in the triple-digit range, but they can ultimately make more sense than free premium coverage. 

Plan Benefits Change Each Year
Medicare Advantage plans may change certain benefit details, such as cost information or additional benefits offered. Typically, these changes can only occur once a year. The amount you pay in premiums, deductibles, and copayments/coinsurance may change from year to year. Sometimes these amounts go up, as you may expect, and sometimes they go down.

You Love Traveling
One of the most important things to consider when traveling is your level of coverage. When traveling abroad, you want to ensure that you have the best coverage for your medical needs if you are ill or injured. If you plan to travel outside of the country, you may want to explore your options to fill gaps in your coverage.

To get the most out of its benefits, consider what’s right for your health and budget needs. Medicare Advantage plans are a type of health insurance that only covers part of your costs. It means you may have to pay extra to meet your plan’s coverage requirements. Adjust your health care coverage, so you aren't on the hook for a premium each month.

At the Medicare Supplement Store, we put our clients first by offering them policies that they can afford. Having insurance is a necessity nowadays, and we’re here to help you out. Learn more about our products and services by calling our agency at (732) 252-8828. You can also request a free quote by CLICKING HERE.