Advantage For Veterans

Advantage For Veterans

Medicare Advantage plans are offered by private insurance companies as an alternative to Original Medicare. These plans offer bonuses in exchange for an extra monthly premium. These bonuses could include things like vision insurance, dental coverage, and gym memberships, just to name a few. There are multiple types of Medicare Advantage plan types. Some of these plans are targeted at veterans. Read on to learn more about how Medicare Advantage plans for veterans can work for you. 

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Types of Medicare Advantage Plans

Just like any other private insurance option, there are multiple types of Medicare Advantage Plans. The six different types are:

  • Health Maintenance Organization (HMO)
  • Preferred Provider Organization (PPO)
  • Private Fee-for-Service (PFFS)
  • Special Needs Plans (SNPs) 
  • HMO Point-of-Service (HMOPOS)
  • Medical Savings Account (MSA)

Veterans can choose from among these different types of plans. 

Benefits of Veteran Plans

Many veteran plans include more comprehensive coverage than the average plan. This includes prescription drug coverage. They can also work with the Veterans Administration to coordinate care. Veteran Medicare Advantage plans keep costs for veterans very low.