We get clients asking us all the time about $0 premium plans, which are called Medicare Advantage plans. Below is a list of the major issues with Medicare Advantage plans – Advantage plans limit the number of doctors and hospitals you have access to. We suggest you call all your providers before enrolling in a plan. – Medicare Advantage plans utilize something called Prior Authorization, which means that the provider must get approval from the insurer before a service is covered. If the insurance company disagrees with the doctor, a service may not be covered. – If you are a diabetic you may be paying 20% for your supplies. – The plans are not guaranteed renewable, meaning they can leave you without coverage if they decide not to renew in the future. Medicare Advantage Plans only sign an annual contract with the government, which is subject to federal funding. If the…
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