Costs for Dental Coverage with Medicare Advantage
When you sign up for a Medicare Advantage plan, you still pay the same premium as you pay now for Medicare Part B. Some MA plans have $0 monthly premiums beyond this, but most require co-payments at different percentages of your care bills. If you have Medicare Advantage dental coverage with coinsurance, you usually pay some percentage of the final bill, with the insurer covering the rest.
For example, if you incur $100 in costs for fillings or extractions and have 50% coinsurance, you end up owing $50 on the bill. Likewise, some plans utilize a co-payment system that requires you to pay a set amount per service rather than a percentage. This means if your bill equals $300 and you have a $50 co-pay, you only have to pay the $50.
Know that Medicare Advantage plans may have a cap on payment benefits per year. For instance, your insurer may only cover up to $1,000 of dental care per year, leaving you on the hook for the rest if you’re not careful. Many Medicare Advantage plans, however, may help you save lots of money in the long run.
Original Medicare doesn’t have a maximum out-of-pocket cap on benefits, but Medicare Advantage plans generally cap the maximum amount you have to pay, which can help you potentially preserve your nest egg.
Other Medicare Advantage Benefits
In addition to medical, hospital, and potentially dental benefits, Medicare Advantage provides a whole host of advantages. For instance, MA and Medicare Part C plans often cover routine vision checks, eyeglasses, and contacts, and many also provide coverage for routine hearing tests and hearing aids. Plans with provisions for prescription drugs can decrease your out-of-pocket drug expenses as well.
While Original Medicare helps seniors out with the big stuff, Medicare Advantage plans fill in the gaps where standard coverage falls short. Peruse our Medicare Advantage plans today to find the coverage you need at a price you can afford.
Find a Medicare Advantage Plan
If you’re interested in further researching Medicare Advantage plans available to you, use our free tool to compare qualifying plans. Any questions? Contact us directly at 1-800-309-6889.