Most patients want to have both dental and vision benefits, so they sign up for supplemental Medicare insurance – known as a Medicare Advantage Plan or Medicare Part C.
How a Medicare Advantage Plan Works
With Medicare Advantage, you have all of the same benefits that come through Original Medicare. Additionally, there is extra coverage for things that aren’t included in Original Medicare Part A or Part B.
You can find a Part C Medicare Advantage Plan that includes things such as:
- Routine vision care
- Routine dental care
- Prescription medications
- Certain memberships for health and fitness programs
You might need to pay a small monthly premium for these services. But it’s worth the cost because of all the added benefits you receive. Your out-of-pocket expenses for coinsurance or deductibles vary based on the plan and coverage that you choose.
Do Most Retirees Choose a Medicare Advantage Plan?
Patients want optimal healthcare coverage, especially when they are dealing with various medical concerns in the later years of life. In addition, having good healthcare coverage in retirement brings peace of mind to knowing that you won’t be dealing with expensive out-of-pocket costs for basic medical care.
Recent reports show that more than 30% of Medicare beneficiaries choose a Medicare Advantage Plan. The additional coverage helps people live their best lives in the golden years.
The Difference Between Medicare Advantage and Medicare Supplement Plans
It’s important to understand that Medicare Advantage Plans and Medicare Supplement Plans are two different things. Signing up for Medicare Supplement Insurance (also known as Medigap) doesn’t give you vision or dental care coverage. Instead, these plans help cover your out-of-pocket expenses with Original Medicare, such as co-pays, deductibles, and coinsurance.
Talk to an Insurance Expert
Is a Medicare Advantage or Medicare Supplement Plan right for you? Schedule a conversation with an insurance expert to learn more about your personalized recommendations. Call our pro team at Active Medicare Solutions. We offer a variety of options to help individuals find the best healthcare plans for their retirement years: (804) 874-6000.