Everyone deserves to have a medical plan to protect them when they get ill or need medical attention. However, it is not affordable for everyone. Medicare advantage health plans are a way of allowing anyone over 65 or are disabled to have a health plan that is paid for by the tax payers.
About 9 million Americans, most of those older adults with low incomes, can be qualified for either Medicare or Medicaid. The best medicare advantage plans will insure you in medical and hospital insurance. Medicare part A helps pay for inpatient hospital bills and the follow up care. The taxes that were taken while working cover bills, so it free for the medicare patient. Medicare part b helps to contribute towards doctors bills along with other outpatient medical services. This costs a monthly premium for patients, which may not be free like part a, but is still an advantage to have.
It is important to research while looking for the best medicare advantage plans, because 30 percent of those who enroll in Medicare end up visiting the emergency room each year. Searching for the best medicare advantage plans is important for when those who visit the hospital are able to receive the best treatment.
Medicare spending is estimated to increase from 560 billion dollars in 2010 to a little over 1 trillion by 2022, a huge jump. The best medicare advantage plans will still be in effect by 2022, and its crucial to make sure to be taking advantage of what can be offered to help with medical bills, etc.
Another reason it is dire to look into medicare now and get the best medicare advantage plans is because by 2030, the retirement of the Baby Boom generation, which is estimated to increase enrollment to more than 80 million people compared to the 48 million people now, is expected to take a huge toll on the medicare coffers. Read more here.