BCBS Medicare Advantage 2021
Blue Cross Blue Shield (BCBS) is one of the private insurers in the US that offers Medicare Advantage plans. It has been offering these plans for more than 50 years now. Throughout those years, it has established itself as a trusted insurer in the US. It has highly-rated plans with value. Plus, the company offers those plans with benefits exclusively for members. If you are qualified to purchase Medicare in 2021, you are also eligible for BCBS Medicare Advantage 2021.
For Medicare Advantage plan 2021, you need to enroll during the Open Enrollment period. This period starts on October 15. But before you can enroll, you need to make sure that you meet the eligibility requirements. One of them is age. You must be at least 65 years old and must have an active Original Medicare policy. If you meet these criteria, you will have up to December 7 to submit your application. You need to enroll during this period to boost your chances of getting approved, as long as you meet those two requirements. If you failed to enroll in this period, though, you will have to wait until the next period.
Another requirement to obtain an MA plan is to live in an area where the insurer you wish to purchase the plan from operates. In this case, you need to be within the service area of BCBS. To find out whether or not BCBS covers your area, talk to their customer representative.
Compare Medicare Advantage Plans 2021
The Cost of Getting Medicare Advantage
The overall cost of Medicare Advantage plan in 2021 is different from the cost of having it in 2020. The reason for this is that the rates of the plans can change every year. Most of the time, the prices go up each year. For that reason, it is ideal that you study all your options to help you spot a good deal.
When you study your options, you need to compare the rates of those plans available. To do that quickly, you may use our online free quote tool. It is easy to use this tool because you only need to input your zip code and we can present to you all quotes in your area for that plan. And these quotes come from the insurance providers in your area.
In that case, you will not only obtain quotes from BCBS but you will also get rates from other insurers offering Advantage plans in your location. The rates we can give you are current. We do this to help you get accurate details and perform accurate comparison shopping. With these details, you will get relevant results so you can weigh all your options. We believe that by providing you accurate rates, you can find the best deal for your situation.
Regarding the rates, you can pay as low as $0 a month to as high as $140 a month. This range is for low coverage plans or the basic coverage. If you want to sign up for higher coverage, you can go for a $300 a month plan. Keep in mind that the higher premium you pay, the lower your deductible will be and vice versa.
What Medicare Advantage Covers
Seniors can benefit from having a Medicare Advantage plans. But they are not ideal for all seniors. Because they are robust plans, they are especially beneficial to seniors who require a lot of healthcare services. You must also consider them if you have difficulty paying for multiple insurance options. By having a BCBS Medicare Advantage 2021 plan, you can easily consolidate coverage and premiums into one plan but with more than enough coverage.
With an MA plan, your Medicare Parts A and B will be covered. In that case, it can handle your hospital and doctor’s expenses. They would also include inpatient and outpatient expenses, like blood usage during surgery, medications, and hospital stays, among others.
Advantage plans also cover emergency medical services, such as ER visits and ambulatory care. These plans will also handle urgently needed healthcare services. But they are situational coverage. You will only be covered if your physician recommends it.
There is an optional coverage under Medicare Advantage plans but it is not part of the basic coverage. For example, you can obtain Medicare Part D plans or the prescription drug policy. If you obtain a Part D policy, you can no longer buy an Advantage policy with Part D. You must drop one of them to avoid conflicting policies. Medicare does not allow overlapping coverage.
It only makes sense because overlapping means you are paying for the same coverage twice. Thus, before getting an MA plan, makes sure that you do not have coverage that may cause conflict with Advantage.
Compare Medicare Advantage Plans 2021
The company has a wide network. Its network consists of healthcare facilities in the US. They accept BCBS plans and offer BCBS clients’ special pricing for certain procedures.
But the network will also limit how MA functions. If you need medical treatment, you need to go to a network facility to obtain full coverage from your plan. Otherwise, your treatment cost will not be covered, especially if you have an HMO plan.
HMO plan will only give coverage if you get treated within your plan’s network. Many seniors opt for this plan because it is cheaper. Its monthly premium is more affordable.
But if you live in rural areas where you have difficulty finding a BCBS network, then consider having a PPO plan. Apart from living in rural areas, you may also consider a PPO policy if you travel frequently. You can undergo treatment in and out of the network. For in-network treatment, though, the coverage is full. But for off-network, you will only get paid partially.
To know what kind of MA plan is ideal in your situation, you may contact our health insurance experts. If you wish to know how the BCBS Medicare Advantage 2021 plans stack up, consider using our free tool. We can give you free quotes from various insurers in your area for the plan you wish to obtain. From there, you can study your options so you can make a well-informed decision.