Arliysa Florist

Florist Blogs

Category: Healthcare

Why Medicare Advantage Plans Are Bad

You see it all the time on TV, ” seniors getting Medicare Advantage Plans.” The fact is that they really are not bad at all. In fact, if you have good health insurance coverage you may even be better off with a Medicare Advantage plan. More than 34 percent of Medicare recipients are currently enrolled in Medicare Advantage (MA), so they are probably all good. Read More –

Why Medicare Advantage Plans Are Bad For Your Health

The real question then becomes why Medicare Advantage plans are bad. The main reason is that Medicare does not cover everything. If a beneficiary needs help with his or her Medicare medication but does not have enough money to get that help, then that person will not be able to take advantage of the coverage.

For that reason, the best way for someone with good health care to get Medicare Advantage or a Medicare Part D discount is by signing up in a network that participates in Medicare Part D. Even if a person’s medications are covered by other programs, Medicare Part D plans often have restrictions on the medications that one can take. For example, a prescription for an over-the-counter painkiller could end up costing twice as much because it is not covered under the plan. A person who only takes prescription medications could end up paying almost ten times as much as a person with a Medicare Advantage plan. As you can see, there are some good reasons why Medicare Advantage plans are bad, but there are also some bad reasons why Medicare Part D plans are better than their counterparts.