Medicare Advantage Plan is an insurance program in the United States. It serves to substitute the original Medicare program, which has two divisions. The first division is Part A, which is responsible for insuring and paying for in-patient hospital services. However, there are exclusions of services of surgeons and physicians. Part B is responsible for providing payments for the relevant outpatient hospital services like ER and laboratory. In addition, this division pays for certain medical supplies and equipment as well as specialists and doctors.
The Medicare Advantage Plan is among the health insurance services offered by most of the big commercial insurance firms. The government compensates these service providers to provide the two insurance benefits to members. Some of the plans of the Medicare Advantage can make extra coverage. Such additional coverage would include hearing, dental, vision health as well as health and wellness programs. Additionally, there is a Part C benefit. This is a Medicare Advantage Plan of InnovaCare Health, which makes inclusions for Part D, which is the advantage plan for prescription drugs. A combination of these schemes forms the Medicare Advantage Prescription Drug Plan (MADP). The federal government makes varied payments, which provide the Part D benefits. Medicare Advantage Plans makes a full coverage for medical services.
The Medicare plans come in different types. The most common types are Private Fee for Service (PFFS), Preferred Provider Organizations (PPOs), and Health Maintenance Organizations (HMOs) plans. With a Medicare Advantage plan, you will also be required to make premium payments. Depending on your plan, you might get extra bonus charges.
Read more: Leadership
InnovaCare Health is a leader in the provision of Medicare Advantage Plans and reputable physician practice services. In the United States, InnovaCare is among the largest firms that provide managed health care services. The company primarily utilizes two avenues to provide care. The facility has firm commitments to providing unparalleled high-quality healthcare. The ability of the company to create sustainable, viable, and fully integrated models with advanced technologies is what makes it unique. InnovaCare purposes to provide high-quality healthcare management systems to help in meeting the complex health needs of the current world.
InnovaCare focuses on strong patient-provider relationships to enable the provision of customizable health services. Rick Shinto, M.D., MBA is the President and CEO of the facility. Dr. Shinto together with Mr. Penelope Kokkinides, who is the firm’s Chief Administration Officer, focuses on giving the beneficiaries of Medicare plans a safe access to an extensive healthcare, which ranges from specialists to local community centers. Their patients are always their priority.