Art of Insurance Blog
Medicare Advantage indeed has taken a more significant role in the Medicare Program and is still growing its popularity. It has over 19.8 million enrolled people in the US, and you might get intrigued and influenced by its growing popularity. But, there are still things you should need to consider when getting a medical insurance plan, like its pros and cons. This article will show you what the advantages and disadvantages of having a Medicare Advantage plan are.
Medicare Advantage: Pros
Medical Advantage plan covers all the coverages of Hospital Insurance (Part A) and Medical Insurance (Part B). Most of the Medicare Advantage plans also cover more benefits aside from Original Medicare’s basic coverages, such as:
Its advantages don’t end here, as it has more benefits included that you might want to know. Below are the other benefits the Medicare Advantage plan has:
The Disadvantages Of MA Plans
Even though Medicare Advantage sounds so perfect, there are still some drawbacks to this plan. Here are some of the cons you should expect when enrolling in the Medicare Advantage plan.
In choosing your Medicare Plan, you must consider the advantages and disadvantages of the plans before enrolling. Medicare Advantage might be popular, but you still need to review if it fits your needs and location. Reviewing the private insurance company’s provided networks will also help as it is your only option in the future in case you enroll in the MA plan.
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