Medicare Advantage Plan is also known as the Medicare Private Health plan. Even though most people prefer sticking to the original Medicare program, a third of beneficiaries choose to use the new Medicare Advantage plan. Members that have or plan to enroll for this program are required to continue paying the monthly Part B premium and Part A premium if they have one, since they still have Medicare on Zoom Info. Medicare Advantage Plan covers both part A and B services, which were initially covered by original Medicare. However, the rules and costs of the services are different.
The major types of Medicare Advantage Plans are Health Maintenance Organization (HMOs), Preferred Provider Organizations (PPOs) and Private Fee-For-Service (PFFS). The others are Special Needs Plan (SNPs), Medicare Medical Savings Account (MSAs) and Provider Sponsored Organizations (PSOs). These plans have different restrictions on where and how one can be covered. This difference is also seen between the same types of plans that are offered by various companies. In addition to the original Medicare Part B premium, Medicare Advantage Plans charges a premium and a general fixed fee called copayment at anytime that you get their services.
One is qualified to join Medicare Advantage Plan if he or she has original Medicare Part A and B. In addition, individuals are qualified if they stay with the plan and if one does not have End-Stage Renal Disease. Members that have health covers from their unions or employers can be automatically enrolled to the Medicare Advantage Plan once they are eligible for Medicare. This way, you will have freedom to remain with the plan, subscribe to the original Medicare or even enroll in another Medicare Advantage Plan of InnovaCare Health.
About Innovacare Health
Innovacare Health is a renowned healthcare service provider in North America. The company offers managed healthcare services through two main avenues, namely Provider Networks and Medicare Advantage. It offers sustainable, affordable and fully integrated models using advanced technologies. At Innovacare, quality matters. The company is guided by a system of values to enable them deliver the most effective services to their clients.
The force behind the company’s quality services is a team of stewards. Rick Shinto, M.D., MBA is the president as well as the CEO of Innovacare Health. Penelope Kokkinides is the chief administrator officer of the company. Dr. Shinto graduated with a medical degree from the esteemed State University of New York. He also holds a B.S. from the prestigious University of California. For more than 2 decades, Penelope Kokkinides has gained immense knowledge in government programs and managed care industry.