Medicare Advantage Under Attack
The Medicare Advantage program allows seniors to choose a private insurance provider to support their Medicare coverage. Often times these are offered for a very low premium or none at all. This is especially helpful for those with a very low income. They are unable to pay the percentage of their medical bills that traditional Medicare does not cover. By using the Medicare Advantage program, they are left with very low co pays and even the benefit of the Medicare Part D prescription plan with a much smaller premium than they would face if taking the Part D portion alone.
For many seniors this is the only available options for their medical care. As we all are aware, senior citizens are living on very little. Most only receive Social Security, which dies not provide well. It is rather upsetting that Congress continues each year to pursue legislation that would reduce the benefits these seniors receive. Last year, they attempted to sneak these cuts into the Children’s Health Insurance Bill (SCHIP). Thankfully, for our senior citizens this was vetoed by the President.
There are many health plans that offer Medicare Advantage coverage. The open enrollment period is in November, and the new coverage takes place at the beginning of the New Year. Many times, though seniors have an option to change their plan throughout the year without a penalty. New enrollments are accepted through the year as well. If you are new to Medicare, or just the Medicare Advantage program, you can join without any penalties at any time during the year.
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