It is a fact that most people are living longer and as a result more people are in need of healthcare. Finding proper care can be daunting and if you are eligible for Medicare, it is easy to become overwhelmed by the choices that are available.
Original Medicare is a health insurance plan provided by the government for which each beneficiary pays a premium. While Medicare covers most in-patient hospital stays and doctor fees, it falls short in other areas. This is the reason that one-third of Medicare beneficiaries have chosen Medicare Advantage Plans for their health insurance.
Medicare Advantage Plans are provided by private insurance companies as part of Medicare Part C. If you choose this coverage, you still pay a premium and you are still a part of the Medicare system but Medicare pays the insurance company a flat fee to provide your annual coverage. Advantage Plans cover all services provided under Parts A and B of Medicare but also cover the shortfalls like visits to primary care physicians and specialists, vision and dental services, medications, and other health and wellness programs. These plans do require that you get referrals and use a network provider and may even ask for prior authorization but your annual out-of-pocket costs are always limited. These limits provide a peace of mind that Medicare cannot guarantee.
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Since Medicare Advantage Plans are administered by private insurance companies, there are a multitude of providers and the competition is intense. There are certain standards to follow but costs and restrictions vary depending on the insurance company and the type of plan you choose. InnovaCare Health is one of the largest providers with over 275,000 beneficiaries. The company’s vision is to provide quality medical care by establishing strong patient-provider relationships. InnovaCare strive to ensure coordinated and cost-effective solutions so that the patient experience is a positive one.
InnovaCare Health’s growth and focus stems from its leader Dr. Rick Shinto, MD, MBA. He began his medical career as a practicing internist and pulmonologist so he has an understanding of direct patient care. In addition, he has over twenty years of clinical and operational experience in managed care.
Under the watchful eyes of Shinto and Kokkinides and with a strong patient centered approach to healthcare, InnovaCare Health’s future looks bright. As we all try to stay healthy as we age, they may just be the “Advantage” we need.