If you are approaching retirement age, you need to start thinking about what type of Medicare plan you want to have. You can opt into the traditional Medicare system, which will provide coverage for both hospital and outpatient care for the rest of your life. Or, you can choose to go with a Medicare Advantage plan that will provide hospital and outpatient care as well as additional coverage. A site like http://scis.us has more information on this plan. Here are three ways that Medicare Advantage is more robust than traditional Medicare.
#1 Additional Care Coverage
One of the big disadvantages of the traditional Medicare program is that it is limited in the type of medical care that is covered. For example, traditional Medicare will not cover vision exams, contacts, or glasses. It will also not cover hearing tests or hearing aids. Nor will it cover dental care. All three of these types of medical care are important for your overall health.
Medicare Advantage plans, on the other hand, also include vision, hearing, and dental care, all of which are essential parts of maintaining your health. Additionally, as you age you are more likely to experience vision, hearing, and dental problems and having coverage for these issues can save you a lot of money.
#2 Limit On Out-Of-Pocket Expenses
Another big advantage of Medicare Advantage is that your out-of-pocket expenses are capped. With traditional Medicare, the amount of health care costs that you have to cover outside of their coverage limits are not limited, so you could face unmanageable out-of-pocket expenses. With Medicare Advantage, there is a cap on how much money you will have to pay out-of-pocket each year. You will not end up bankrupt due to medical costs with Medicare Advantage, as they limit how much you'll have to pay beyond your premium. The out-of-pocket expenses are very similar to traditional medical plans.
#3 More Refined Network
Finally, you will have a more refined network when you go with Medicare Advantage. You'll need to work with your primary care provider in order to find specialist, and all of your specialists will be providers who exclusively sign up to be Medicare Advantage pool. It will be a smaller pool of doctors than Medicare provides, but also a more refined list of providers who will assist you.
If you are entering retirement age, seriously consider if Medicare Advantage is the right choice for you. It will provide you with more comprehensive medical care, reduce your out of pocket expenses and provide you with a more refined network of doctors to work with.