It's getting to be that time of life . . .
I'm comparing Medicare Parts A&B to Medicare Advantage, does anyone here have experience with this? Which is better? What do I need to know? Where are the pit falls?
Appreciate any help!
Much love!
Blessings in Christ Jesus marks. What hides behind all the commercials for an advantage plan with all the freebees is 20 percent for you to pay. 20 Percent of outrageous is outrageous. Check also into a supplement plan instead of an advantage. I pay 155 a month which may seem a lot but after 240$ they pay the other 20 percent. The supplement plans are only available the first year. so here are the options:
1. Just plain medicare. you are responsible for 20 percent plus deductibles.
2. An advantage plan Same as medicare plus extras like a grocery card but you still pay the deductibles plus 20 percent. they usually have a free to low cost prescriptions plan that pays for some of your prescriptions.
3. Plain medicare with a supplement plan. This cost a bit but does not compare to outrageous cost.
Also if your income is low like mine the state can help pay the plan b premium.
Also if your income is low the federal government has a plan called "extra help" to pay for the outrageous prescription drug cost.
example: Cancer drug for a month 15.000. My cost 12.15$
another example of a cancer drug injection once ever 6 months. This is not covered under the prescription plan as it is done in doctors office. It fall under plan B. With an advantage plan I would pay 20 percent and with a supplement plan I pay 0. Drug cost for injection 26,000$ Same for all the x rays mri's pet scans, radiation treatments.
A supplement plan is also called a medigap plan.
The whole design for the elderly and medicare is to put people in debt. A lot of debt.
Speak to a knowledgable insurance agent about these things before making your choice.
Hope this helps you or any one reading this. I was in the hospital 3 times last year and I am still waiting for my part to pay.LOL.
