The Medicare program provides much-needed health care coverage for millions of seniors across the United States. But, with changes to the program happening each year, it can be difficult to keep up with what is covered and what isn’t. So, if you’re enrolled in or thinking about enrolling in Medicare Advantage 2023, here’s what you need to know.
What Is Medicare Advantage?
Medicare Advantage (MA) plans are a type of private health insurance that are offered by private companies and sold through the Medicare marketplace. These plans provide comprehensive coverage beyond Original Medicare Parts A and B. This includes benefits such as prescription drug coverage, vision care, dental care, hearing aid coverage, and more. In addition, many MA plans also offer additional benefits such as fitness programs and meal delivery services.
Changes Coming to MA Plans in 2023
In 2021, there will be some changes coming to MA plans for 2023. For starters, there will be an increase in the number of plans available for beneficiaries who buy their own plan without employer or union-based group coverage. There will also be more flexible options when it comes to out-of-pocket costs and premiums. Additionally, there will be new standards put in place that require all MA plans to cover at least 10 “essential” services such as doctor visits and hospital stays free of charge—with no copays or coinsurance required.
Other changes include a reduction in cost sharing for certain services like ambulance rides and mental health therapy; expanded access to telehealth services; increased access to home health care; improved prescription drug coverage; and more flexibility when it comes to switching between different types of MA plans during open enrollment periods each year.
How To Choose The Right Plan For You
When it comes time for you to choose a MA plan for 2023, it’s important that you do your research first so that you can make an informed decision about which plan is best for your needs. It’s important to compare different plans side by side so that you can make sure you’re getting the most value out of your plan—including lower premiums and out-of-pocket costs or better coverage depending on your individual situation. Additionally, make sure that the plan covers all of your essential needs—such as doctor visits or hospital stays—so that you don’t have any surprise expenses down the line due to uncovered services or treatments.
Conclusion: With all these changes coming up in 2023 for MA plans, it’s important that you take the time now to research different options so that you can find one that fits both your budget and healthcare needs come next year! Doing this now will ensure that you don’t have any surprises down the line when these changes go into effect next year! By understanding how these changes might affect your current plan choices now, you’ll be able set yourself up for future success!
