medicare advantage plans in az
Medicare Advantage plans in Arizona can come in a wide range of insurance plan types. Some of the options include Health Maintenance Organizations (HMOs) and Preferred Provider Organizations (PPOs), which are two popular types of managed-care plans. Private Fee-for-Service( PFFS) plans are another type of Medicare Advantage plan that may be available; if you enroll in this type of plan, you’ll need to get coverage from providers and hospitals that agree to contract with the PFFS plan on a case-by-case basis and accept its payment terms. Special Needs Plans are available for beneficiaries who meet eligibility criteria, including those who live in an institution, have Medicaid, or have certain chronic conditions. Beneficiaries may also choose to open a Medicare Medical Savings Account (MSA), which is a high-deductible plan that also includes a savings account.
Prescription drug coverage with medicare advantage plans in az
Beneficiaries looking for prescription drug coverage can enroll in a Medicare Advantage plan in Arizona that includes this benefit. As mentioned, these plans are known as Medicare Advantage Prescription Drug plans (or MAPD plans). A Medicare Advantage Prescription Drug plan covers Medicare Part A, Part B, and Part D coverage under a single policy, which may be easier to manage and more cost-effective, depending on the plan.
This is in contrast to Original Medicare, where you typically need to enroll in a separate Medicare Prescription Drug Plan for prescription coverage. Before enrolling in a Medicare Advantage plan that includes prescription drug coverage, make sure that the medications you take are covered by the plan. You can do by checking the plan’s formulary, which is a list of covered drugs. Keep in mind that formularies may change at any time. Your plan will notify when necessary.
A Medicare Advantage plan helps fill in the gaps that Original Medicare does not cover. With Blue Medicare Advantage plans, you get all of the health and medical benefits of Original Medicare plus additional benefits and services. This includes lower cost-sharing for inpatient and outpatient services and coverage for prescription drugs– all in one convenient, easy-to-use plan. You pay one monthly premium for both your health and prescription drug coverage.
BCBSAZ Advantage offers three Medicare Advantage-Prescription Drug (MAPD) plan options that can help you bridge the gaps in Original Medicare coverage, with flexible options available to fit your individual needs.
How-to Compare Medicare Advantage Plans
It’s important to evaluate plans by more than the carrier name and the monthly premium. We recommend taking inventory of your healthcare needs (e.g., doctor, specialists, medications, finances, etc.) to identify the most important benefits for you. If you need assistance choosing a plan, contact a Medicare insurance agent or call 1-800-MEDICARE.