Medicare Advantage is a form of insurance that allows beneficiaries to receive cover after receiving medical attention. This is like a subscription service that allows members to enjoy certain services to a defined extent. Medicare Advantage is made up of two parts, Part A and Part B, which offer different benefits to members.
Part A Medicare Advantage allows beneficiaries to access in-patient, skilled nursing and hospice services with the exception of surgeons and physicians. On the other hand, part B Medicare Advantage provides for services like surgeries, physical treatment and other vital medical services like X-rays and ER.
How the plans work
Medicare Advantage plans are managed by private insurance firms and are as a result of government partnership with the selected insurance firms. Medicare submits monthly payment to the insurance firms, which in turn offer the benefits to members of the program. Medicare Advantage plans are available in different forms and one is advised to first review the benefits each offers.
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It is also vital to understand the management of the process may make it possible to find some areas do not have certain plans, so it is advisable to confirm whether the plans you are after are available in your region. Rates and terms may also vary depending on the provider and region one comes from. The reason it is advisable to pay attention to the terms issued by the insurance company is because some offer zero interest and in some cases the out-of-pocket costs may exceed what other firms in the same market offer.
About InnovaCare Health
InnovaCare, a Puerto Rico based Medicare and physician practices provider, is an established company that is looking to revolutionize medical insurance. The company has invested heavily in technological additions that have eliminated the challenges that hinder efficiency and kill quality. InnovaCare Health is working around the clock to ensure healthcare management is redefined and patients access the best plans to cater for their needs.
Dr. Rick Shinto, the current CEO and President of InnovaCare Health, is a professional with a huge industry experience. Apart from his vast experience, Dr. Richard Shinto holds academic qualifications that confirm his ability to drive a leading company like InnovaCare Health. He holds a B.S. from California University and pursued his M.B.A in Redlands University. Also vital in the management team is the Chief Operating Officer of InnovaCare, Penelope Kokkinides, an experienced leader who has also worked with various major companies prior to joining InnovaCare. She holds a degree in Public Health from University of Columbia.