There are different types of Medicare policies and understanding these different policy types is essential so that you can differentiate which policy is the right choice for you. Let’s talk about a specific policy within Medicare Advantage and see if it could potentially be the right enrollment option for you.
Compared to Original Medicare, Medicare Advantage has more options and gives individuals more control over their coverage. If you’re looking to get dental, hearing or vision coverage through Medicare, then you’ll want to make sure that you’re enrolled in Medicare Advantage. Some Medicare Advantage plans will even include prescription drug coverage and other benefits as well, making it a good coverage option for some.
Special Needs Plans
There are multiple different types of policies available within Medicare Advantage. One of the types of policies available are Special Needs Plans (SNPs). These plans are specifically tailored to meet the needs of their plan members.
With a SNP, it is also possible to be enrolled in both Medicare and Medicaid. This is a great way to maximize your coverage and make sure that you’re saving as much money as possible on needed medical care.
Qualifying for Special Needs Plans
In order to qualify for a SNP, you must meet at least one requirement:
- You are diagnosed with a chronic condition (you could qualify for a C-SNP)
- You live in an institution, such as a nursing home (you could qualify for an I-SNP)
- You qualify for both Medicare and Medicaid (you could qualify for a D-SNP)
Do You Qualify?
Figuring out which policy is right for you doesn’t have to be a challenging process. If you’re ready to determine which Medicare Advantage plan is right for you, then book an appointment today with a member of our team.