It’s the most wonderful time of the year! Everyone is rushing around to prepare for winter holiday and New Years’ parties… and updating their Medicaid health plans.

Since it’s open enrollment time, you’re not the only one trying to navigate the health insurance maze. Recent surveys show that almost 60 million Americans have health care coverage from some kind of Medicaid plan.

But trying to compare insurance plans is so confusing! How can you make sure you’re choosing the right plan?

We put together a quick guide to teach you how to compare Medicare Advantage plans. Keep reading to learn everything you need to know before open enrollment ends!

What Is Medicare Advantage?

The easiest way to describe Medicare Advantage health insurance is a type of health insurance plan that provides medical benefits like Medicare but through a private company.

Medicare Advantage Plans cover all the same procedures and services that regular Medicare covers including emergency and urgent care. The only difference is that Medicare will always cover your hospice care instead of your Medicare Advantage plan.

There are always Medicare Advantage plans to choose from. But, keep in mind that those plans will change from year to year. So, it’s important to look at the different plans every year, even if you like your current plan.

Factors To Consider in Your Comparison

Over the years it has gotten much easier to spot a good Medicare Advantage plan. These are some of the most important parts to note during your comparison.

  • Star rating
  • Cost
  • Covered medications
  • Preferred healthcare providers
  • Customer service
  • Easy to use website services

Some plans look good on paper but provide you little benefits because they don’t cover the services you need. Make sure to keep your health situation in mind when comparing plans.

How To Compare Medicare Advantage Plans Pricing

A Medicare Advantage Plan costs about the same amount as Medicare Part B. Keep in mind that those who have an annual income of over $85,000 will pay more.

When comparing  Medicare Advantage plan pricing, look at more than the premium you pay each month. These are some other factors that affect the total cost of your healthcare.

  • The kind of health services you need
  • Annual deductibles
  • Deductibles for common procedures
  • Copayments
  • Is your preferred doctor in-network?
  • Greatest out of pocket expense
  • Does it include a drug plan?
  • Are there any extra benefits or perks that you would use?

For more helpful information about the 2021 Medicare Advantage plan pricing, check out MedicareWire and their 2021 plan guide. They go into detail about this year’s current plan options and how to compare the pricing.

A Healthy Life Is the Best Kind of Style

Once you know how to look at the different plan options and what you need out of your health insurance, figuring out which plan to choose is a cinch! Make sure you do your research though because choosing the wrong plan can cost you more than money.

Keeping up with your health and your doctor visits makes a huge difference in your health. Living a healthy and active lifestyle is the best style to have!

We hope you loved reading this article and that you learned how to compare Medicare Advantage plans. For more great articles about lifestyle, home, fashion, and more, check out the rest of our website today!