Medicare Advantage Plans are the health care plans, which are provided by private organizations, approved by Medicare. These plans are also known as Medicare Part C plans and MAs. Medicare Advantage Plans combine Part A and Part B plans of Medicare into one plan, which provide necessary medical services. Some of the Medicare Advantage Plans may also include prescription drug coverage. To enroll in Vermont Medicare Advantage Plans, you must meet specific guidelines.
There are different types of Medicare Advantage plans, to choose from, which are listed below
Under this plan, you will be provided with accessibility to a network of hospitals, doctors and specialists. More benefits will be provided by this plan than Original Medicare and most of the Medicare Supplement plans. Services of HMO are restricted to the network area.
PPO offers access to hospitals and doctors belonging to a network, who coordinate to provide care for you. PPO also offers more services than Original Medicare and other Medicare Supplement plans. Under PPO you can avail the services of any hospital or doctor outside the network for higher amounts of coinsurance and co-pays.
Under this plan, you are allowed to visit any hospital or doctor approved by Medicare that accepts Medicare as well as the plan’s payment terms. PFFS, rather than Medicare, determines how much you will need to pay for services and what it will pay. These plans offer more flexibility.
These plans are especially designed for Medicare recipients having certain chronic diseases or some specific need.