Medicare Advantage is an alternative to traditional Medicare that’s offered by private insurance companies.
Types medicare advantage arizona plans in AZ
Arizona Medicare Advantage beneficiaries may have a number of options when it comes to choosing the type of Medicare Advantage plan that might suit their health and prescription drug needs:
A Medicare Advantage Health Maintenance Organization (HMO) is one such option to consider. Under an HMO plan, you’re typically required to visit doctors, health-care providers, and hospitals in the plan’s network. You may also need a referral from your primary care physician to get coverage for various health services. An HMO Point-of-Service (HMO-POS) plan is similar to an HMO plan, but it allows you to go out of network for certain health services, generally at a higher out-of-pocket cost.
As an Arizona Medicare beneficiary, you may be able to sign up for aPreferred Provider Organization (PPO) * plan. This type of plan allows you to select your own doctors, health-care providers, and hospitals, but you may end up paying more for this more flexible kind of coverage.
Medicare Special Needs Plan (SNPs) are geared toward Medicare Advantage beneficiaries with specific health needs, such as patients living with HIV/AIDS or patients with diabetes, people living in nursing homes, or beneficiaries who also qualify for Medicaid. This type of health plan offers coverage generally tailored to suit the health needs of those specific beneficiaries.
Under a Medicare AdvantagePrivate Fee-for-Service (PFFS) plan, the plan itself decides how much it will pay for your doctor, health-care provider, and hospital visits. The Private Fee-for-Service plan also determines your out-of-pocket share for each health service.
Medicare Advantage beneficiaries can also opt for a Medical Savings Account (MSA) plan. These policies generally combine a high deductible with a savings account that beneficiaries can use to pay for their health care expenses.
Most Medicare Advantage plans also include prescription drug coverage. These policies, known as Medicare Advantage Prescription Drug plans, combine health and prescription drug coverage into one plan.
If you choose to enroll in a Medicare Advantage plan, you have to stay enrolled in Original Medicare and continue paying your Medicare Part B premium to keep your Medicare coverage.
Comparing Medicare Advantage plans in Arizona
There may be a number of Medicare Advantage plans available to Arizona residents; your costs may vary depending on the plan you choose. Each plan’s policies may change on an annual basis, so it’s usually a good idea to compare available Arizona Medicare Advantage plans based on where you live and your individual health needs.
Also remember that premiums for Medicare Advantage plans offering similar benefits can vary between among plans in Arizona. In addition, some Medicare Advantage plans may offer premiums as low as $0, while others may charge higher amounts, depending on the type of coverage they provide. Be aware that you must continue paying your Medicare Part B premium no matter which Medicare Advantage plan you choose.
Another important decision you have to make is whether or not you want prescription drug coverage with your Medicare Advantage policy, and which medications you need it to cover.
To start comparing plans in your part of Arizona, just enter your zip code in the form on this page