Medicare is one of the most widely used government insurance programs. Many individuals who are eligible for Medicare choose to enroll in a Medicare-managed care plan. Discuss some of the advantages and disadvantages of enrolling in a Medicare-managed care plan. When eligible, would you choose to enroll in a plan? If yes, why would you; if no, why wouldn’t you?
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Medicare managed care plans are offered by a private company that contracts with Medicare to provide all of Medicare Part A (hospital services) and Part B benefits (health care provider services). They are run as an HMO where you can only go to doctors, specialists, or hospitals on the plan’s list. The plans must cover all Medicare Part A and Part B health care and some have prescription coverage.
One advantage to enroll on a managed health plan is probably cost. With Medicare you have to pay for part B and part D (drug coverage) monthly. Medicare is a cost-share plan which means you have to …
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