Different Medicare Advantage plans have different benefits and costs, so it is important to shop around and find a plan that works for your coverage needs. There were 2,734 Medicare Advantage plans available in the United States in 2019, according to the Kaiser Family Foundation (KFF).1
You can call to compare plans over the phone with the help of a licensed insurance agent.
You should look at the following 4 factors when comparing Medicare Advantage plans:
There are 5 major types of plans. The type of plan you choose will affect your health care provider options, your drug coverage options, whether you need a referral to see a specialist, and your out-of-pocket costs.
For example, if you need a low-cost plan and can stay in-network for your health care, a Health Maintenance Organization (HMO) plan may be suitable. If you are willing to pay extra for more freedom to visit pre-approved doctors or facilities, a Private Fee-For-Service (PFFS) plan may better suit your needs.
You should compare all of the major types of plans, understand their pros and cons, and choose the one that is best for you.
More info: Medicare Advantage plan types
All Medicare Advantage plans must provide Original Medicare benefits, but some plans may provide additional benefits such as prescription drug, vision, and/or dental coverage.
You should choose a plan with the benefits that you need most. For example, if you need several prescriptions, you should find out which Medicare Advantage plans offer prescription drug coverage. If you need vision coverage, you should find plans that offer vision benefits.
More info: Medicare Advantage plan benefits
Medicare assigns star ratings to every available Medicare Advantage plan.2 Medicare Advantage plan star ratings give you an idea of the plan’s quality and performance. Ratings are generated by Medicare and are based on information from member satisfaction surveys, plans, and health care providers.
Ratings range from 1 star (poor performance) to 5 stars (excellent performance).
There are 2 things to look at when comparing out-of-pocket costs for Medicare Advantage plans: premiums and other costs such as copayments and deductibles.
Some plans have zero-dollar monthly premiums, but others may have monthly premiums that can vary widely from plan to plan. Also, $0 premium monthly plans may not be available in all areas. Some Medicare Advantage plans also may provide rebates for your Medicare Part B premium.
A cheaper plan may have lower monthly premiums, but it may have more restrictive network rules, as well as greater out-of-pocket costs such as copayments, coinsurance and deductibles. Keep in mind you must continue to pay your Part B premium.
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*You must continue to pay your Medicare Part B premium.
$0 premium plans may not be available in all areas.
1 Kaiser Family Foundation. Medicare Advantage 2019 Spotlight: First Look. (Oct. 16, 2018). Retrieved from www.kff.org/medicare/issue-brief/medicare-advantage-2019-spotlight-first-look.
2 Medicare evaluates plans based on a 5-star rating system. Star Ratings are calculated each year and may change from one year to the next.
The purpose of this communication is the solicitation of insurance. Contact will be made by an insurance agent/producer or insurance company.
This information is not a complete description of benefits. Contact the plan for more information. Limitations, copayments and restrictions may apply. Benefits, premiums and/or member cost-share may change on January 1 of each year.
MedicareAdvantage.com is a website owned and operated by TZ Insurance Solutions LLC. TZ Insurance Solutions LLC is a licensed and certified representative of A Medicare Advantage [HMO, PPO and PFFS] organization and a stand-alone prescription drug plan with a Medicare contract. Enrollment in any plan depends on contract renewal.
TZ Insurance Solutions LLC and the licensed sales agents that may call you are not connected with or endorsed by the U.S. Government or the federal Medicare program. This website does not contain a complete listing of plans available in your service area. For a complete listing please contact 1-800-MEDICARE (TTY users should call (877) 486-2048), 24 hours a day / 7 days a week or consult www.medicare.gov.
Not all plans or products are available in all markets. Additional plans may be available in your service area. For a complete listing please contact 1-800-MEDICARE (TTY users should call 1-877-486-2048), 24 hours a day/7 days a week or consult www.medicare.gov.
Last Updated: 09/12/2017 Accepted