Five Distinct Features of Medicare Advantage

1.    Pricing and Coverage Vary- With Medicare Advantage multiple insurance carriers are competing for patients, recipients contribute the usual part B premium, but they generally pay an additional premium

2.    Customer Satisfaction is Key- The Medicare website uses a star system to rate different insurers and takes into account member experiences and how plans manage chronic conditions

3.    Watch Limits on Choosing Doctors – If you have specific health care professionals you’d like to see, you’ll want to check whether they’re part of the system

4.    Out-of-Pocket Expenses Are Capped- Under the Affordable Care Act, that limit is $6,700 annually

5.    You May Need to Wait for Open Enrollment- Those who prefer a private plan can join Medicare Advantage when they first sign up for Medicare

Source: Investopedia