What’s the most popular Medicare Advantage provider choice for seniors in Billings?
Medicare Part C, or Medicare Advantage, is a popular choice among many older adults. Medicare Advantage plans are offered by private companies that get approval from Medicare to sell those insurance plans. They usually cover everything that Original Medicare does (Part A and B) while also adding coverage for prescription drugs (Part D), dental, vision, and more. Here are the top companies selling Medicare Advantage plans in Montana:
- Humana Insurance Company
- Humana Wisconsin Health Organization
- Health Care Service Corporation
- Humana Benefit Plan of Illinois
- Sierra Health and Life Insurance
A Medicare broker in Billings can help you weigh the pros and cons of Medicare Advantage. An alternative might be a Medigap plan, which can limit out-of-pocket costs or even cover them entirely for certain services. Medigap plans can cover not only coinsurance and deductibles but also excess charges, depending on the specific plan.
What should seniors in Billings know about Medicare Advantage enrollment over time?
In the past two decades, more and more seniors have been enrolling in Medicare Advantage. One reason it’s so popular is that it allows you to get all of your coverage in one plan, without needing to sign up for supplement plans. In addition, it has a yearly limit on out-of-pocket costs. Here is how enrollment in Part C has increased over the years:
Medicare Advantage may also require lower premiums, depending on your senior’s conditions. However, it does have some disadvantages, one of the main ones being limited to in-network doctors. Another restriction is requiring some services to be approved beforehand for them to be covered. Work with a Billings Medicare broker to get a better idea of what’s best for your older loved one.
Where can I find reliable health insurance and Medicare brokers in Billings?
Medicare brokers are experts in the different Medicare and Medicare Advantage plans available and the benefits of each one. It’s best to go with an independent broker, who can offer you plans from many companies, as opposed to a captive agent who is limited to one company. Work with a trusted broker who is willing to provide references and who has good reviews online. You won’t get charged for their help, as a properly licensed broker will instead earn commissions or get compensated in other ways, depending on their contracts with the insurance companies. You can even speak with several brokers, as some may offer options that others have not. Before you work with any Billings Medicare broker, though, make sure they are licensed in Montana. A quick Google search can usually prove that.
Read our comprehensive guide to finding a Medicare broker for more information.
Billings’ most knowledgeable health insurance and Medicare brokers
Working with a health insurance broker in Billings is a no-cost way of getting recommendations about which plans best suit your loved one’s needs from an expert in the matter. You can remove the hassle and confusion that most initial subscribers to Medicare face. Browse our free Billings Medicare resources to get started.