Special Needs Plan (SNP)SNPs cater to specific groups of people, including those with certain chronic conditions, those eligible for both Medicare and Medicaid, or those living in certain institutions. These plans tailor their benefits, provider choices, and prescription drug formularies to meet the...
The Centers for Medicare & Medicaid Services (CMS) created a Star Rating system to help beneficiaries and their families compare plan performance and quality for Medicare Advantage plans, Medicare Prescription Drug Plans, and Medicare Cost plans.
If you’re counting on a Medicare Advantage plan to cover your LTC needs, you’d better do your homework. While it’s true that, since 2019, Medicare Advantage plans can cover some LTC expenses, such as home-delivered meals and items that make it possible for you to continue living at ...
Open enrollment period is the designated time each year when you can purchase and apply for health insurance for the upcoming year, without a qualifying event.
Types of Medicare Advantage plans: HMO, PPO, PFFS, and SNP But Medicare Advantage plans—also known as Part C—haven’t gained in popularity on the strength of marketing alone. These plans effectively bundle Part A (hospitalization), Part B (medical insurance, including doctor visits), and ...