PPO Plans
Similar to HMO Plans, Preferred Provider Organization (PPO) Plans have designated network coverage. Enrolling in a PPO Plan will give you access to high quality medical care.
Medicare Advantage
Medicare Advantage Plans have come a long way in the last 10 years. Once thought to be specifically for those with lower income, this new generation of plans are providing tremendous value with many of the same benefits of a traditional Medicare Supplement plan and at a fraction of the cost! Request a consultation and let us help you determine if this is the right product type for you.
Network coverage
PPO Plans have a designated network of healthcare providers that are recommended. When receiving care from those network professionals, beneficiaries will pay less. When receiving care outside of the network, beneficiaries will have to pay more out-of-pocket. However, PPO Plans will still offer some amount of coverage in most cases.
The majority of PPO Plans include prescription drug coverage. This is an excellent option, as PPO Plans are a type of Medicare Advantage policy. Those enrolled in Medicare Advantage are not eligible to enroll in Part D, which is Medicare’s other option for prescription drug coverage.
PPO Specifics
PPO Plans do not require you to choose a primary care provider. They also don’t require referrals in most cases. Many people prefer PPO Plans because of this, as they gain access to specialists and can make their own appointments. Not having to obtain a referral means saving time and money.
