Medicare is a federal program that provides affordable health insurance to eligible United States citizens. Medicare Advantage Plans include bundled benefits that offer more comprehensive coverage for medical services. If you’re already enrolled in Medicare Part A or B, you’re most likely eligible for Medicare Advantage. Read on to learn more about these plans and why you should talk to your insurance agent about upgrading. 

What Are the Different Types of Medicare?

Medicare Part A covers inpatient hospital visits, skilled nursing care, hospice, and select health care. Part B provides health insurance coverage for physicians’ services, medical supplies, outpatient services, and preventive care. 

Part D adds prescription drug coverage to Original Medicare, Medicare Cost, Medicare Private-Fee-for-Service, and Medicare Medical Savings Account Plans.

Medicare Advantage Plans, also known as Medicare Part C, bundle together the benefits of Parts A, B, and D. Eligible people include those 65 years of age or older, younger people who are differently-abled, and those with End-Stage Renal Disease.

Does Medicare Advantage Cover Prescription Drugs in Ohio?

In the state of Ohio, some Medicare Advantage Plans provide prescription drug coverage. These are known as Medicare Advantage Prescription Drug plans, and they offer health and drug coverage under a single all-in-one contract.

If you already have Original Medicare Part A or B, it makes sense to upgrade to Medicare Advantage Prescription Drug, especially if you take several medications.

This prevents you from enrolling in a Part D policy separately from your other Medicare plans and potentially paying higher rates. Additionally, it keeps you from paying a late-enrollment penalty for going without prescription drug coverage.

Reap the benefits of Medicare supplements by contacting the team at Lighthouse Agency. These insurance agents provide health insurance, including Medicare Advantage Prescription Drug Plans, to clients throughout Fairfield, OH. Call (513) 860-9100 to discuss plan options and benefits with an insurance agent. Visit them online to submit a request for a free quote on health, home, renters, or life insurance.