Medicare Advantage Trends In 2022

​Individuals aged 65 or that are disabled will be qualified to have Medicare Advantage, also known as Part C plans. Moreover, they include Plans A and B, except palliative care. Below is a short overview of how insurance works.

How Does Medicare Advantage Work?
The Medicare Advantage(MA) is used as an alternative to cover costs outside your original Medicare. These costs may include dental, hearing, and vision expenses. Not to mention, your Medicare will pay for fixed monthly premiums in your MA. Lastly, you may be charged with out-of-pocket expenses with this policy.

Trends in Medicare Advantage
In the past years, Medicare Advantage has significantly grown. In line with this, here are the Medicare Advantage trends in 2022 that you need to know.

1. More Plans Available in 2022
   As you look back, there will be more coverage plans for Medicare Advantage in 2022. On average, you can now access 39 plans, setting a record high in the last 10 years. It is estimated that 31 out of them will be prescription plans.
   
   
2. No Premium Charge for Drug Prescription
   The second trend is that there are no costs for drug prescriptions. For Medicare Part B, six out of ten will not charge a premium for drug prescription. As a result, every holder may enjoy a dollar premium of zero.
   
   
3. Telehealth Will Be Offered
   The fourth trend is access to remote health care services, otherwise known as telehealth. With computers and mobile phones, health services will be available via digital means.
   
   
4. Special Needs Plan
   Another trend is special needs plans that include meal and transportation allowances. Moreover, there will also be sufficient food and produce benefits under this.
   
   
5. Supplemental Plan 
   Non-offering of a supplemental plan to the chronically ill may become a trend in 2022 for Medical Advantage. 
   
   
6. Offer Other Benefits
   The next trend is that Medicare may offer flexible benefits such as vision, hearing, dental, and other health benefits. Not to mention, the coverage will also extend to pest control.
   
   
7. Out-Of-Pocket
   Lastly, there will be a trend on out-of-pocket services for individual premiums. 

Conclusion
Paying for medical expenses might be heavy in your pocket. However, that won’t be the case because your health is insured. These are the trends for Medicare Advantages in 2022. Among the list, what stood out to you the most?

At Insurance Plans of America,  we put our clients first by offering them policies that they can afford. Having insurance is a necessity nowadays, and we're here to help you out. Learn more about our products and services by calling our agency at (877) 752-6711. You can also request a free quote by CLICKING HERE.