The cost of a Medicare Advantage plan depends on a number of factors including:
- Monthly Premiums
- Yearly Deductibles
- Copayments for Doctor Visits and other Services
- Coinsurance Fees
- Extra Benefits (ie. Dental)
- Prescription Medication
- Government Extra Help
Keep in mind that costs fluctuate based on the factors for each individual – each year in September your plan will send you a Evidence of Coverage (EOC) and Annual Notice of Change (ANOC) documents to outline how much you will pay for the plan as well as what the plan covers
Medicare Advantage Plans have a yearly limit on your out-of-pocket costs for medical care and when you reach this limit you will typically pay nothing for covered services
*All Medicare Advantage associated costs vary between different Plans and can change yearly.
Costs...