Across the United States, when choosing a good Medicare Advantage plan, there are several key elements to consider. The first is that this service does not offer a free portion as with traditional Medicare. Everything related to Medicare Advantage is tied to a payment for the service.
For that reason we cannot lightly make the decision to go straight into Medicare Advantage without worrying about the financial aspect. Even so, in recent years Americans have preferred to apply for the services of the Advantage section instead of using traditional Medicare. This may be due to several reasons, but the main one is the amount of medical services it offers.
If we are talking about exact figures, as Market Watch reports, 50.5% of Americans with Medicare Part A and Part B also had a private plan. This recall last January increased the 2007 figure in this area, which was 19% of Americans. So, the difference is huge and this is a reflection of what is happening lately in the United States.
Why is there an increase in Medicare Advantage enrollees?
The main reason why there is a large increase in Medicare Advantage enrollees as opposed to traditional Medicare is the convenience of a single payment. The problem with federal health care is that it splits all of the costs into several different parts. If we want to obtain certain medical services, such as drug payments, we will need to be enrolled in Part D.
Medicare Advantage unifies everything into a single payment and makes it simpler. On top of that, it is common for this service to reach many more corners of the United States, making life easier for Americans. And that is one of the main reasons why the Advantage version is gaining prominence in recent times.
The main problem in all of this is that taxpayers will have to pay more taxes in the future. This is because Medicare Advantage contracts involve more spending than traditional Medicare. In total, the medical administration spends 6% for every citizen with the Advantage version, which will eventually make it unsustainable.
Who can apply for Medicare?
The main requirements for Medicare is to be 65 years of age or older. In addition to this, those who want to have Medicare Advantage will not have to meet any extra requirements. As for age, it is true that Americans with disabilities can also apply for this medical help even if they have not reached the age of 65.
Remember that sometimes Medicare Advantage may also have a co-payment, so we may have to study the offer before enrolling. While it is true that the tax issue is a concern, possibly in the next few years we will see the government take action on this issue. And remember that you will not need to be a Social Security user to get Medicare.
There is no question that we should apply for Medicare when we can. It is a great service and Medicare Advantage can also be very helpful. The only thing we should do is get as much information as possible before making a final decision.