Medicare changes and lower supplement rates for 2015. Contact us for details….801.979.6365
Utah Medicare Supplement Plans, is price really all that matters?
When it comes to choosing a medicare supplement or medigap plan in Utah, a lot of agents try to blindly lead you with the thought that all that matters is price. I am here to offer a different point of view. Now we know price is always a big deal and saving $15 or $20 can often be a big deal on a monthly basis, but what happens when that new discount Utah Medicare Supplement takes a 20% rate increase after the first year, and then again in year two. Did you realize you can often see two rate increases annually depending on when you sign up for your plan? Most agents don’t tell you this until it happens to you. Saving 10% to see a 30 to 40% increase over a couple years doesn’t make any sense, and if you have any major health concerns along the way, the option to change may not be there. At Senior Services of Utah, we understand Medicare and the companies that offer supplemental coverage. Our goal is to get you coverage that you don’t have to change or adjust every time the wind blows. Feel free to visit our page discussing Medicare Supplements, or Contact Us Today for a FREE QUOTE
Medicare Advantage Plans in Utah
When it comes to Medicare Advantage Plans in Utah there are many options for Medicare beneficiaries throughout Utah. One issue that may arise is that not all Medicare Advantage Plans in Utah are available in all counties throughout the state, and in fact many of the more rural counties may have as little as one option or even no options at all. This is when you need an adviser who focuses on both Medicare Advantage and Medicare supplement plans, and all available options. We can help you compare options side by side to ensure you have the best coverage for you.
With that said, there are many types of Medicare Advantage plans in Utah available which include, PFFS or Private fee for service plans, PPO or preferred provider organization plans, and HMO or health maintenance organization plans. Each of these plans vary by coverage area and the ability of the Medicare Advantage beneficiary to access care. PFFS plans work in that any provider who is willing to accept the terms and conditions of the plan will accept it. PPO’s are usually the type of plans which have the largest network availability, with some out of network coverage, and HMO plans usually ask you to follow a strict network with limited ability to go outside that same network. In Utah, most plans are either an HMO or PPO, with no current PFFS offerings.
When it comes to Medicare Advantage Plans, the most popular plans along the Wasatch Front are plans termed as HMO-POS. These plans are HMO is design whereas they adhere to a fairly strict network, but the POS part of the plan allows a beneficiary to go outside the network with a higher out of pocket cost or co-pay. With the introduction of these plans, Medicare Advantage beneficiaries have great options when they are looking for coverage.
Another great benefit of these Medicare Advantage plans is that many of them include Medicare Part D or prescription drug coverage at no additional cost to the beneficiary. The extent of this drug coverage is typically the deciding factor when a Medicare Advantage beneficiary is deciding on which plan to go with. A few of the provider options for Medicare Plans in Utah are:
Select Health Advantage (Intermountain Healthcare)
Regence Blue Cross/Blue Shield
Each of these Medicare Advantage Plans offer the same basic outline of coverage, but co-pays, drug coverage, and even supplemental benefits vary from plan to plan. Make sure you work with an agent who knows the differences between these plans in order to get you the appropriate coverage for your situation.
Get great Medicare Coverage At An Affordable Price
It is possible to get Medicare Supplement Plan or Medicare Advantage Plan coverage at reasonable prices, if you are willing to spend some time and effort evaluating all of your possible options or you consult a local insurance expert. The best way for you to get the lowest possible rate on your private Medicare Supplement or Medicare Advantage in Utah policy is to shop around and compare premium and co-pay prices. A qualified local insurance expert in this area can help you locate the policy type and coverage that you are looking for without having to pay more for the policy you choose. At Senior Services of Utah we offer all the major insurance plans and are happy to take the headache out of choosing a plan.