Millions of Americans are purchasing Medicare Advantage Plans in an effort to save money on their health insurance premiums. However, many do not realize that such a purchase can restrict their access to finding the best treatment possible once they have a disease or illness.
These Medicare Plans are often compared to Medicare Supplement Insurance by salespeople with an incentive to sell these plans. However, the coverages differ dramatically and the restrictions in these Medicare Advantage Plans can have serious health consequences to the enrollee. Please watch this video before purchasing a Medicare Advantage Plan, it can literally save your life.
3 Responses to “8 Truths to Know Before Purchasing a Medicare Advantage Plan”
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November 23rd, 2008 at 7:06 am
Please keep me on the list. When I get back next week (12-1-08) I am going to make a decision on a supplement plan and a supplement drug plan. Not interested in advantage plans, just lowest cost for an “F” plan. If you have an easy way to identify this plan please let me know. I have listened to your presentation twice.
Thanks, Bob
November 23rd, 2008 at 8:59 am
I feel that this is a very good idea!
November 23rd, 2008 at 10:33 am
Thank you for your presentation. I listened with great interest. I have already chosen a Medigap 360 plan F. However, of interest, a gentleman called me who favored the Medicare Advantage plan. He gave his reasons and I had many questions. In the end, I told him my peace of mind was far more important than a few dollars. I had no intention of accepting the Medicare Advantage plan, but I was not completely sure why. After hearing more about these plans, it confirmed my decision to use Medigap 360. I think your presentation was excellent and very clear. I think putting a comparison rate on the internet would be excellent. However, I am the type of person who usually has questions and believe, for me anyway, that an agent should be available, if necessary, to answer informed or stupid questions. Sincerely, Margaret Schomer