Medicare Advantage for Veterans
Medicare Advantage for Veterans Explained
Veterans who already have healthcare through TRICARE or the VA might wonder about the need for Medicare Advantage. However, Medicare Advantage (MA) can be a complementary choice, enhancing healthcare options without replacing
existing coverage.
Integrating Medicare Advantage with Veteran Health Plans
To access a Medicare Advantage plan, enrollment in both Medicare Parts A and B is essential. The VA often recommends this step. Medicare Advantage plans, while offering the core benefits of Original Medicare, also include several additional advantages:
Unified coverage under a single plan.
Reduced wait times and travel needs compared to some VA facilities.
More extensive healthcare options and benefits.
Out-of-pocket expense caps not present in Original Medicare.
Coverage during international travel.
Enhanced Benefits of Medicare Advantage
Adult day-care services
Dental care
Fitness Membership
Nutritional support
Services for chronic conditions
Transportation to medical appointments
Vision care
Wellness programs
Over-the-counter medication allowances
The specific benefits available depend on your location and chosen plan provider.
Enrollment Periods for Medicare Advantage
Eligibility for Medicare opens the door to Medicare Advantage plans, with defined enrollment periods:
Initial Coverage Election Period
A seven-month period around your 65th birthday, or starting from the 25th month of receiving Social Security disability benefits.
Annual Election Period
From October 15 to December 7 each year, allowing you to select or change your Part C plan, effective from January 1 of the following year.
Open Enrollment Period
A period for current MA plan members to make changes or revert to Original Medicare.
Special Election Period
Triggered by individual circumstances, such as relocating outside your plan’s service area, qualifying for additional assistance, or moving into a care facility.
Diamond Financial Group provides expert consultation and solutions for health insurance, life insurance, and Medicare across the United States. Our mission is to ensure every individual has the protection they need to secure their future.
We are not connected with or endorsed by the United States government or the federal Medicare program. We do not offer every plan available in your area, and any information we provide is limited to those plans we do offer in your area. Please get in touch with 1-800-MEDICARE to get information on all your options.
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