Although most people choose to get their health coverage from the original Medicare, about a third of the beneficiaries prefer to get their benefits from Medicare Advantage plan (Also known as a private health plan). The plan providers are contracted by the Federal government and are paid a fixed amount per individual to offer Medical Benefits.
Medicare Advantage Plans
All plans should include a limit on your-out-of pocket expenses for both parts A and B. For instance, and an HMO plan has an out-of-pocket maximum of $6,850 for 2016. These limits are usually quite high on Bloomberg. The plans do not include Cost-sharing that is greater than they would be under the original Medicare for particular services such as dialysis and chemotherapy. However, their cost sharing is still higher than that of other services.
Types of Medicare Advantage plans:
* Private free for services
* Health Maintenance Organizations
* Preferred Provider Organizations
* Medicare Medical Savings
* Provider Sponsored Organizations
* Special Needs Plans
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Different kinds of programs have different rules regarding how and where one can get coverage. At times, projects within the same company might have different rules. Therefore, it is advisable always to check with your provider to find out what is covered under your plan.
About InnovaCare Health
InnovaCare Health offers high-quality Medicare Advantage Plans. Through their plans, they have managed to overcome the challenges of the current complex healthcare environment. Their patients are their biggest priority. Thus, the organization struggles to offer the best quality to patients all over North America. Currently, they have about 200,000 members and 7,500 providers. They have two Medicare Advantage plans: PMC and MMM.
InnovaCare Health is dedicated to offering quality. In 2011, both PMC and MMM received accreditation from the National Committee for Quality Assurance. This award is given only to plans which are up to the NCQA standards of quality improvement and customer protection. InnovaCare displayed proficiency and quality services for it to receive the award.
Check the article on mso-pr.com.
Dr. Rick Shinto is the CEO of InnovaCare Inc. He has been in office since 2012. Before joining the company, he used to be the chief executive officer of Aveta Inc. He has more than 20 years’ experience in managed healthcare. Thus, he is good at his job. Penelope Kokkinides is the Chief Administration Officer. She joined the firm in 2015 and had over 20 years’ experience in healthcare; most of which she has specialized in government programs. She has adverse expertise in the development of clinical programs with the aim of enhancing efficiency as well as organizational structure. The two have steered InnovaCare towards great success.
Learn more about InnovaCare Health: http://innovacarehealth.com/about-us/