Advantage plans are terrible when you start looking into them or talk with people that actually have them. I used an insurance broker years ago when deciding which way to go when joining Medicare, the best is a supplement plan (gold standard) and the more hmo type of plan (advantage).
A couple of major differences/important info that you need to know about these plans:
1) you can always get into a supplement plan (I have plan g) when you turn 65 but after that, you can be refused entry. So when people try the advantage plan at 65 and then find out it’s not what they want, the supplement plans can refuse you.
2) you don’t need a “Florida” supplement plan. I kept my plan g from another state and am saving over $50 a month doing this and coverage is the same. I asked my provider and they said they cover all Medicare costs in all 50 states and overseas (with limits).
3) I don’t pay co-pays, have a $200 deductible, no referrals required
|