Medicare Advantage (Part C) plans offer a comprehensive set of benefits that replace traditional Medicare Parts A, B, and D. Medicare Advantage (MA) plans often offer extra benefits at lower costs than your traditional Medicare premiums and can be a great alternative for seniors who are looking to save money and focus on wellness. At the same time, MA plans are not just for only healthy seniors; one important feature of Blue Cross Medicare Advantage that they have a cap on patient out of pocket spending, which is different than traditional Medicare.
This can significantly reduce your out of pocket costs in case of a serious or catastrophic health condition. With traditional Medicare, there is no cap or limit on the amount of cost sharing you pay per year, and a Medicare Advantage plan can help you plan by ensuring that your out of pocket costs will not exceed the plan cap as long as you stay within network. MA plans are offered by numerous different insurance companies, including Blue Cross Blue Shield (BCBS), Aetna, Humana, and Cigna depending on where you live and are regulated and approved by the Centers for Medicare and Medicaid Services (CMS) so you know that you will be getting at a high quality insurance plan. Deciding to switch between traditional Medicare and Medicare Advantage, or between different MA plan issuers can be a big decision, and our agents are available to help talk through our options with you, explain the differences between your choices, and tell you how much each option might cost you.
In addition to covering Medicare Part A (hospital visits), Medicare Part B (physician and outpatient visits), many of these Medicare Advantage plans also bundle in prescription drug benefits (Part D) along with additional wellness benefits such as vision and dental coverage to provide a more comprehensive benefits package than what traditional Medicare offers beneficiaries. Blue Cross Blue Shield is a trusted insurance company that has been insuring the health of millions of Americans since 1929. In fact, nearly one in three Americans rely on BCBS for access to safe, affordable, and reliable healthcare.
Each year Blue Cross will continue to provide an array of Medicare Advantage plans, from traditional HMOs to more flexible PPOs – call us today so we can help you understand the differences between different MA plans, the difference between traditional Medicare and Medicare Advantage (Part C), and to help you figure out what your costs may be and what plans might be available in your area.
BCBS plans are available in 41 different states as well as Puerto Rico, with plans ranging from Blue Advantage Complete (a local PPO), BlueMedicare Choice (a regional PPO), Anthem MediBlue Plus (traditional HMO), and Anthem SmartStart Plus (another traditional HMO option). In 2019, Blue Cross Blue Shield offered 280 different plans across the United States; while this might seem an overwhelming number of plans to sort through, that means that it’s likely that there in 2020, there will be a Blue Cross Blue Shield Medicare Advantage plan that is exactly right for you. Luckily you don’t need to go through all of these almost 300 plans, we are here to narrow down which one is best for you and help you pick the best value plan.
Although 2020 might seem far away, it’s never too early to start planning for the future and start discussing your options with one of our professionals who is here to help you. In 2020, Blue Cross Blue Shield will most likely continue to offer traditional HMO plans for beneficiaries looking for the lowest cost option, to PPO plans for beneficiaries who are looking for additional flexibility in seeing out of network providers. Because Blue Cross Blue Shield is one of the largest insurers in the nation, with a huge footprint, they also offer some regional PPO plans with a bigger geographic coverage area than other insurers offer.
We can help you figure out which option is best for you or you can also use our free, online quote generator anytime to get a free quote for Blue Cross Medicare Advantage plans in your area. With a BCBS HMO, you will save on premiums and out of pocket costs by staying within Blue Cross. Blue Shield’s large, national network. It is likely that these plan types will continue to be offered in 2020, giving you a wide selection of options leveraging BCBS’s deep experience and commitment to health.
In addition to potentially better ability to predict your annual costs – from stable and transparent cost sharing structures to annual out of pocket spending caps – many BCBS Medicare Advantage plans offer additional benefits as well such as vision and dental coverage, as well as coverage of hearing aids that are not covered by traditional Medicare. MA plans offer these additional benefits at the exact same cost or even lower than your traditional Medicare premium. BCBS also helps keep things simple by putting all of your Medicare benefits – including Part A, B, and D all under one single plan so you can focus on your health rather than figuring out which insurance plan you should use to see different providers. By focusing on keeping you healthy, BCBS keeps costs low for their beneficiaries.
Examining what the plans that Blue Cross Blue Shield offers in your area today can help you plan for this year and beyond; while you can always switch between a Medicare Advantage plan and traditional Medicare during open enrollment, we are here to answer your questions and help you navigate the many plan options that you may have in your area. Some Medicare beneficiaries like the flexibility and totally open network of traditional Medicare, while other beneficiaries prefer the lower costs, predictable cost sharing, and extra value from additional benefits that are offered by MA plans. Call or use our free, instant, online quote generator at any time to find Blue Cross Medicare advantage in your area.