Medicare 5 Star Plans How are they different – MedicareInfoUSA
Medicare Advantage Plans have been moving to the forefront over recent years. Star ratings are assigned by Centers for Medicare Services or CMS. Star ratings are important to both beneficiaries and insurers.
By: Cary Nagdeman
The benefit of a 5 Stare rating gives a Medicare Advantage subscriber the additional ability to switch to a 5 Star Plan once yearly between December 8 and November 30th. If you transfer to a Medicare Advantage Plan that includes prescription drug coverage to a standalone Prescription Drug Plan, you will be disenrolled from your Medicare Advantage Plan, including the Health benefit. You will be automatically returned to Original Medicare for your health services. An individual can only switch to a 5 Star Plan if one is available in your area.
In 2020 there were only 20, 5 Star Rated Medicare Advantage Plans in Florida. Ratings can change every October prior to the Annual Enrollment Period. The is much to consider when enrolling in a Medicare Advantage or Medicare Supplement Plan. It can be confusing, it is recommended to consult with a knowledgeable Medicare Professional who can answer your questions and guide you.
Cary Nagdeman was originally licensed in 1976; he is a Senior with pre-existing health conditions who is dedicated to helping his fellow Seniors. During this time of year many forms of solicitations come forth, choose a Professional who will be there in the future if you need them. For a no cost no obligation consultation call or go online http://medicareinfousa.com/