3 Key Facts that Demonstrate the Value of Medicare Advantage

A new article was published by AHIP with 3 key facts that demonstrate the value of Medicare Advantage.

First – Overall, seniors like Medicare Advantage. According to survey results published in the article:

90% of beneficiaries are satisfied with their plans, 94% are satisfied with the quality of care they receive, and 90% are satisfied with the benefits received in their Medicare Advantage plan.

This is right in line with their previously published article in March 2013.

Second – Medicare Advantage Plans, compared to the fee-for-service Traditional Medicare, are better at:

reducing preventable hospital re-admissions, increased primary care visits, and managing chronic illnesses.

Third – Medicare Advantage Protects Against Unpredictable Out-of-Pocket Costs by including out-of-pocket maximum for beneficiary costs, which are not offered by the traditional Medicare program. In fact, over half of enrollees are in plans that have annual out-of-pocket maximums of $5,000 or less!

These out-of-pocket maximums…help protect Medicare beneficiaries from catastrophic health care expenses that otherwise might pose a serious threat to their financial security.

As if that weren’t enough motivation to encourage you to enroll, “Medicare Advantage plans also help reduce out-of-pocket costs for enrollees by reducing premiums for Part B and Part D, and by limiting cost-sharing for Medicare-covered services, including primary care physician visits and inpatient hospital stays.”

According to the article, “(m)ore than 15 million seniors and individuals with disabilities have chosen to enroll in a Medicare Advantage plan because of the better quality care and innovative services these plans provide.”

Are you part of that 15 million?
Would you like to be part of that number increasing?
Do you need help getting started?

Luckily, you are in the right place: our very own George Geldin is an expert in Medicare Advantage plans and would love to assist you. Please complete the confidential form below and he will be in touch with you right away!

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