What is a Medicare Advantage Plan?
If you have health coverage from your union or current or former employer when you become eligible for Medicare, you may automatically be enrolled in a Medicare Advantage Plan that they sponsor. You have the choice to stay with this plan, switch to Original Medicare, or enroll in a different Medicare Advantage Plan. Be aware that if you switch to Original Medicare or enroll in a different Medicare Advantage Plan, your employer or union could terminate or reduce your health benefits, the health benefits of your dependents, and any other benefits you get from your company. Talk to your employer/union and your plan before making changes to find out how your health benefits and other benefits may be affected.
Medicare Advantage Plans in Michigan
Medicare Advantage plans are a lot like the health insurance you may have had before becoming eligible for Medicare. You can choose a complete insurance package with the convenience of one ID card for all services.
Medicare Advantage: Private Health Insurance Through Medicare
While you won’t need to pay a Part A premium, you will need to pay the “standard” Part B monthly premium, which is $134 in 2017. People with higher incomes (household income over $170,000) will pay higher premiums on a sliding scale, with adjustments ranging from about $53 to $295 more per month. The maximum premium will be $428.60. However, if you get Social Security benefits, your standard premium will be lower, because the Part B premium increased more than the cost-of-living increase for 2017 Social Security benefits. If this applies to you, your standard premium will be around $109.
Health Insurance, Medicare Insurance and Dental Insurance
At Humana, we go beyond insurance. We help provide a roadmap to a healthier you. By taking a personalized look at your life and your health, we can help you find the perfect plan and achieve your goals. Start becoming your best you. Start with healthy.