Types of Medicare Part C Plan
Some common types of Medicare Part C plans include:
– Health Maintenance Organization: This plan utilizes a network of healthcare professionals and hospitals to provide services at a discounted rate. Many people think it is cheaper than other plans in Medicare Part C.
– Special Needs Plans are suitable for those with specific health needs, especially disabling or chronic conditions, such as dementia, chronic heart failure, HIV, ESRD, or diabetes.
– Preferred Provider Organization: This is a more flexible and more expensive version of the Health Maintenance Organization plan.
– Private Fee-for-Service: This plan utilizes a network of healthcare providers contracted to provide services at a lower expense.
– Medical Savings Account: You can select your own healthcare providers and services with this plan. It typically does not provide coverage for prescription medications. [7]
