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
BOCA RATON, Fla. - Aug. 27, 2020 - PRLog -- There are approximately 1,200 more Medicare Advantage Plans operating in 2020 than 2018. A Five Star Plan is a member driven satisfaction rating survey. Many may have zero premiums in addition to excellent coverage's. Individuals give an overall performance rating between 1 and 5, 5 Stars is excellent. Star Ratings can change every year. 5 Star Plans are identified by a special star icon.

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

Cary Nagdeman
(561) 395-1079
Email:*** Email Verified
Location:Boca Raton - Florida - United States
Account Email Address Verified     Account Phone Number Verified     Disclaimer     Report Abuse

Like PRLog?
Click to Share