Medicare Supplement
Thursday, January 08th, 2009 | Author: Doower
Medicare Supplements and Medicare Advantage Plans Are Not the Same Thing
Executif Summary About Medicare Supplement by Marilyn Katz
admin : Doower
Medicare Supplements
Medicare Advantage Plans, are health plans from insurance companies that have a contract with CMS (Center for Medicare and Medicaid). Individuals who have Medicare Part A and B are eligible to choose a Medicare Advantage plan. While enrolled in Medicare Advantage, they will have to use the insurance card provided by the Medicare Advantage plan instead of their Medicare card.
A Medicare Advantage plan is not free however. Traditionally, Medicare Advantage Plans were thought of as HMO plans were an insured person had to use the plan hospitals, doctors, and other medical providers to be covered. Many Medicare Advantage Plans are HMO plans. However, PPO Medicare Advantage plans also exist. Fee for Service Medicare Advantage Plans, or plans that will cover any medical providers who accept the insurance, are being marketed aggressively these days.
Some plans even refund the Part B premium. A traditional Medicare Supplement is very different from Medicare Advantage. With Medicare Supplements you still use your original Medicare Card, and add your Medicare Supplement health card. If you have Medicare Part A and Part B, your Medicare supplement plan will pay the portion of your medical bill that Medicare will not pay. Of course, Medicare supplement plans differ, and so you need to be aware of exactly which portions a Medicare Supplement plan will pay before you sign up.
Check out my other guide on Organic Supplements and Organic Vitamins
Sunday, 22. February 2009
Multiple Medicare Supplement Quotes are available online at http://www.lowcostmedigap.com