Medicare Advantage

Topics: Health insurance, Preferred provider organization, Health maintenance organization Pages: 2 (607 words) Published: September 21, 2013


Medicare Advantage

The article I found is about Medicare Advantage and its main points are basically about how Obama and some democrats think that it is waste of money to have. But not everyone agrees with them. A Medicare Advantage Plan is a type of Medicare health plan offered by a private company that contracts with Medicare to provide you with all your Part A and Part B benefits. Medicare Advantage Plans include Health Maintenance Organizations, Preferred Provider Organizations, Private Fee-for-Service Plans, Special Needs Plans, and Medicare Medical Savings Account Plans. The Medicare Advantage program also allows beneficiaries to switch health plans during an annual open enrollment period each November. This article was written at this time because there is a big debate and discussion over healthcare and Obama-care. And Medicare advantage is a big part of this discussion. There are three main types of Medicare Advantage Plans: Health Maintenance Organization (HMO) plans, Preferred Provider Organization (PPO) plans, and Private Fee-for-Service (PFFS) plans. Less common options include HMO Point-of-Service plans, Medical Savings Accounts, and Special Needs plans. The Medicare Advantage plan covers Medicare Advantage Plans must cover all of the medical and hospital services that Original Medicare covers, except hospice care (Original Medicare covers hospice care even if you're in a Medicare Advantage Plan). All types of Medicare Advantage Plans cover emergency and urgent care. Medicare Advantage Plans may offer extra coverage, such as vision, hearing, dental, or health and wellness programs. Many plans include Medicare prescription drug coverage (Part D). If the plan provides prescription drug coverage, it is called a Medicare Advantage Prescription Drug (MAPD) plan. In the article Obama argues that the Medicare Advantage plans now cost the government about 14% more per person than does regular Medicare,...

References: Martocchio, J. (2011). Employee Benefits (4th ed). McGraw-Hill Learning Solutions. Retrieved from http://devry.vitalsource.com/books/0077586840/id/id_0073530522_001_07179
Parsons, C., Zajac, A. (2009). The next healthcare battle: cutting Medicare Advantage. Retrieved from http://articles.latimes.com/2009/aug/19/nation/na-medicare19
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