Medicare Advantage healthcare insurance plans are provided by private health insurance companies (rather than the federal government). There are four types of plans:
- Healthcare Maintenance Organizations (HMO’s)
- Preferred Provider Organizations (PPO’s)
- Private Fee-for-Service plans (PFFS)
- Medical Savings Accounts (MSA’s).
Each type of Medicare Advantage plan comes with both advantages and disadvantages which we will briefly summarize. But, this is a very complicated topic. For professional guidance (at no cost) we encourage you to contact us at (602) 375-2412 or Request Help.