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Four reasons to change your Medicare Advantage coverage
If you're enrolled in a Medicare Advantage plan and you're not happy with it, you can switch plans during Medicare's annual open enrollment period. Here are four reasons why you might change coverage.
14 Medicare out-of-pocket costs you need to anticipate
Medicare's a safety net, but enrollees still face a variety of healthcare costs. Here's a list of what you can expect.
A preferred provider organization (PPO) is a Medicare Advantage plan which gives policy holders an incentive to use the providers (doctors, hospitals) within the plan’s network of service providers. In return, the plan pays a higher percentage of your health care expenses.
But out-of-network care is also covered, albeit with higher out-of-pocket costs (this is in contrast to a plan like an HMO, which generally won’t cover out-of-network costs at all).