To speak with a licensed insurance agent, call (219) 874-4489 (TTY 711 M-F, 9am-5pm) or email john@michianahealthinsurance.com

Why Medicare Advantage Plans are Popular with Many Beneficiaries

Posted by John David Hrab, RN
Estimated Reading Time 1 minute 35 seconds

Why Medicare Advantage Plans are Popular with Many Beneficiaries

Medicare Advantage plans are becoming increasingly popular among beneficiaries for several compelling reasons. Here’s why more and more individuals like you are opting for Medicare Advantage.

All-in-One Coverage. Medicare Advantage plans, also known as Medicare Part C, bundle together your hospital, medical, and often prescription drug coverage into one coordinated plan. This simplifies your healthcare coverage and eliminates the need to manage multiple plans.

Predictable Costs. Medicare Advantage plans typically have out-of-pocket maximums, providing you with financial protection against high medical expenses. With Original Medicare, there’s no cap on your out-of-pocket costs, leaving you vulnerable to unexpected healthcare expenses.

Network of Providers. Medicare Advantage plans often have provider networks, which means you’ll need to receive care from a network of doctors and hospitals. While this may seem limiting, it can also result in lower out-of-pocket costs and coordinated care. Many Medicare Advantage plans also offer out-of-network coverage for emergencies and urgent care situations.

Managed Care Approach. Medicare Advantage plans often employ a managed care model, where insurers work closely with healthcare providers to coordinate your care and manage costs. This can lead to improved quality of care and better health outcomes for you as a member.

Cost Savings. In some cases, Medicare Advantage plans can be more affordable than Original Medicare, especially if you’re healthy and don’t require frequent medical care. The cost for Medicare Advantage plans may be lower than the combined cost for Part A, Part B, and Part D coverage under Original Medicare.

Flexibility in Plan Options. Medicare Advantage plans come in various types, including Health Maintenance Organizations (HMOs), Preferred Provider Organizations (PPOs), and Special Needs Plans (SNPs). This variety allows you to choose a plan that aligns with your specific healthcare needs and preferences.

Annual Enrollment Period. Medicare Advantage plans offer an annual enrollment period each year, typically from October 15th to December 7th. During this time, you have the opportunity to review and change your Medicare coverage to better suit your needs for the upcoming year.

With their bundle coverage, predictable costs, and focus on managed care, Medicare Advantage plans are gaining traction as a preferred choice for Medicare beneficiaries. Consider exploring your options during the next annual enrollment period to see if a Medicare Advantage plan is the right fit for your needs.

John David Hrab, RN
Michiana Health Insurance // john@michianahealthinsurance.com

I am a local, licensed and trained independent insurance agent. I am certified with many top Medicare Advantage, Prescription Drug and Medicare Supplement insurance plan carriers. I represent most major companies with a Medicare contract and am qualified to answer any questions you may have.

Get Free Assistance

Friendly, licensed professionals are available to answer all of your questions at no cost to you. Call (219) 874-4489 or complete the form below and we’d be happy to reach out to you.







      By submitting this information, you acknowledge a licensed insurance agent, John David Hrab, RN, may contact you by phone, email, or mail to discuss Medicare Advantage Plans, Medicare Supplement Insurance, or Prescription Drug Plans.

      Close Accessibility Tools
      Accessibility Controls Reset
      Content Adjustments
      Font Size

      Default

      Line Height

      Default

      Content Scaling

      Default

      Highlight Titles
      Highlight Links
      Highlight Forms
      Align Left
      Align Center
      Align Right
      Focus Mode
      Color Adjustments
      Desaturate
      Monochrome
      Contrast

      Default

      Saturation

      Default

      Accessibility Statement

      Despite our attempts to make this website accessible for everyone, there may still be some pages or sections that are not completely accessible, are in the process of becoming accessible, or do not have a suitable technological solution to make them accessible. Nevertheless, we are always striving to enhance our accessibility by adding, updating, improving its options and features, and incorporating new technologies.

      We want to provide our users with the best experience possible, so we strive to support as many browsers and assistive technologies as possible.

      If you wish to contact this website's owner, please use the contact form on the website.

      Our User Interface Adjustment Options

      Font adjustments - With this tool, users can modify font size, style, letter spacing, and line height for improved alignment and readability.

      Color adjustments - Users can customize their color contrast profiles to light, dark, desaturated, and monochrome.

      Content highlighting - Users can prioritize key elements such as links, forms, and titles.

      Content focus - Users can enable focus mode to highlight the current page information based on their mouse movement.

      Close