Medicare accounts for most health care expenses incurred by Americans over 65 years of age. However, even with Medicare you may be required to cover deductibles, copays and other out-of-pocket costs. In some cases, such as accidents or severe illness, you may even find that you need to use savings or pension funds to make up the remaining cost of your care. For this reason, many people enrolled in Medicare seek supplementary insurance through a Medicare Advantage Plan.
SBI Benefits offers Medicare Advantage Plans to give you options for expanding insurance coverage and reduce the likelihood of extensive out-of-pocket costs. We invite you to contact our insurance agent today to learn more about Medicare Advantage Plans in Las Vegas and Sparks, Nevada, and find the plan that is right for you!
How Medicare Advantage Plans Work
A Medicare Advantage Plan is a managed health care plan from a private company that offers benefits equivalent to traditional Medicare plans. Choosing a Medicare Advantage Plan is similar to buying private health insurance, which each plan providing varying coverage levels so that you can select the plan that is most appropriate for your needs and financial situation.
Medicare Advantage Plans are typically provided by Health Maintenance Organizations (HMOs) or Preferred Supplier Organizations (PPOs). They are often an excellent choice for individuals wishing to integrate their health care costs and pay all health care related fees in one place.
Please note that a Medicare Advantage Plan may require you to visit in-network medical providers or may charge a higher copayment if you visit an out-of-network provider. A Medicare Advantage Plan may also be a poor choice if you travel frequently or divide your residence between multiple states.
For more information about Medicare Advantage Plans or to schedule a meeting with our insurance agent, give us a call today!