Arizona Medicare Advantage Plans
Once you explore the Arizona health care industry, you will come across 10 Medicare plans. Each one of them offer benefits that are not covered in the Original Medicare Parts A and B. In order to qualify for the Medicare Advantage Plans in Arizona, you need to be 65 years or more. Millions of people have already enrolled for the program.
When you explore the Medicare Advantage Plans in Arizona, there are more than 30 private insurance companies offering services. The Original Medicare Parts A and B doesn’t pay for everything. This is when the Medicare Advantage Plans can be really beneficial.
10 Medicare Advantage Plans in Arizona 2019
Medicare Advantage Plans are offered in 47 states of Arizona with same coverage outline, but with different premium rates. Arizona Medicare Advantage Plans for 2018 include:
- Plan A
- Plan B
- Plan C
- Plan D
- Plan F
- Plan G
- Plan K
- Plan L
- Plan M
- Plan N
The above mentioned Advantage Plans doesn’t cover the drug prescriptions. You need to have an independent policy for the same.
The enrollment statistics
Arizona consists of 15 counties which includes unorganized locations, cities, towns and villages. As per the 2015 statistics, the largest counties include:
- Maricopa-4 million
- Pima-1 million
As per the 2014 data, there is a population of 6.4 million in Arizona with 13.5% aged 65 years and above.
The best time for applying Arizona Medicare Plan
It is during the Initial open enrollment period, which is considered as the best time to purchase a Medicare Plan. It is a six-month tenure, that begins which is fulfil the mentioned conditions:
- You are 65 years
- You are enrolled to the Part B of Medicare
During the period, you are entitled to the Guaranteed Issue Rights. This means that your application will be accepted despite the plan you select. Make sure you research well before choosing the insurance company. If you buy policy outside the enrollment scheme, you need to cater any one of the Special Guaranteed Right Provisions.
- End of employer’s Group Health Plan.
- Discontinuous or leaving of Medicare from your area.
- Bankruptcy of your insurance company, and hence loss of Medigap plan.
- Misleading of the insurance company.
Factors for calculating rates for Medicare Plans
The factors include:
- Marital status
- Smoking status
- Geographical location
Apart from the above mentioned factors, the pricing system is also another aspect that influences the pricing of Medicare Advantage Plans in Arizona. Three types are used for calculations. They are:
The premium rate is calculated based on your present age
The premium is calculated based on the age when you purchased it.
Irrespective of the age, everyone pays the same amount of premium.
According to the Arizona law, the insurance companies are not allowed to use the Attained Age while calculating the rates.
Location and Cost affect pricing
The cost of your Medicare Advantage Plan is influenced by the location. Depending on the geographical location, the cost of your health care plan will also vary. The rate of the plans vary between the different counties, and also between zip codes.
Medicare Plan and travelling outside
If you are travelling to another state, the Medicare Plan in Arizona can be used in other states as well. There are no restrictions in choosing the doctors and treatment facilities as long as it is under Medicare. Plans F, G and N are the plans that offer emergency coverage while travelling outside the state.
Renewal of Medicare plan
The best part about Medicare Advantage Plans in Arizona is that you don’t have to renew every year. It gets renewed each year and you don’t have to worry about its effect. But, you need to make an evaluation of Part D of the plan every year as there might be changes in the pricing.
Switching insurance companies
If you want to switch your current Medicare plan, you are allowed to do it. But you need to be aware that you don’t go outside the Guaranteed Issue Rights Situation, or else your application gets rejected. Compare the different Health care plans in Arizona 2018 and make the right choice based on the premium rates and the benefits offered.