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Medicare Blog | Medicare News | Medicare Information

19 things to know about Medicare Advantage

Posted by Jeremy Davis on Fri, Aug 29, 2014 @ 11:01 AM

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Medicare Advantage (formerly known as Medicare+Choice) permits contracts between the Centers for Medicare & Medicaid Services (CMS) and a variety of different private managed care and fee-for-service entities. Most Medicare beneficiaries may choose to receive benefits either through the original Medicare fee-for-service program (Medicare Part A (Hospital Insurance) and Medicare Part B (Medical Insurance)). Main types of Medicare Advantage plans include:

  • Coordinated care plans, including Health Maintenance Organizations (HMOs), Preferred Provider Organizations (PPOs), and Provider-Sponsored Organizations (PSOs).
  • Private fee-for-service plans which reimburse providers on a fee-for-service basis.
Click on the link below to view all 19 things every agent should know about Medicare Advantage.

 

http://www.lifehealthpro.com/2014/08/21/19-things-to-know-about-medicare-advantage

 

Source: lifehealthpro.com

Additional Updates:

Tags: Medicare Supplement, Medicare Advantage information, Medicare Advantage blog

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