So You Think A Medicare Advantage Plan Will Save You Money?
First you must review the facts!
Seniors are typically on a FIXED INCOME.
Seniors don’t like UNEXPECTED expense and are normally not prepared for them.
When you’re covered by a Medicare Supplement plan you have manageable and predictable monthly premiums without any unpredictable medical expenses.
If you’re enrolled in a Medicare Advantage Plan, you could be in for a real shock, especially when confined to a hospital.
Look at the example of the unpredictable expenses with Medicare Advantage. Including your Part B premium, this typical example shows what can happen after just 4 days in the hospital, follow up outpatient treatment and office visits.
So much for saving money with a Medicare Advantage plan. Doesn’t seem like much an advantage?
Compare Medicare Supplements to Medicare Advantage Plans:
Concerns of Seniors: |
Medicare Supplement |
Medicare Advantage |
Restrictive Network of doctors and hospitals |
NO |
YES |
Co-Payments to Providers |
NO |
YES |
Up to $6,700 yearly Out of Pocket Costs |
NO |
YES |
Health Plan Decides What Test and Procedures Are Approved For You |
NO |
YES |
Can Your Plan Be Cancelled? |
NO
Cannot be cancelled as long as premiums |
YES
Plans are approved yearly and can be dropped. |
Ability to Travel the Country and Use Any Doctor or Hospital |
YES |
NO |
Is Pre-Certification Required for some Treatments? |
NO |
YES Penalties apply if pre-cert not done. |
MD Anderson Cancer Treatment Center Included? MAYO Clinic Included? |
YES
YES |
NO
NO |
These videos may open your eyes to the risks of Medicare Advantage Plans:
Good Morning America: High Risks of Medicare Advantage
Click to play this eye opening video!
