Overview of CoverRight Medicare Advantage Ratings
Are you looking for health care and want a health insurance company that offers Medicare? Finding the right health insurance policy can be tricky, but Benzinga has made it easy by offering this CoverRight Medicare review. CoverRight takes the confusion out of signing up for a health insurance plan that works with Medicare. Learn more about CoverRight Medicare and what it has to offer.
Who is CoverRight Best Medicare for?
If you’re over 64 and looking for health insurance and help choosing the right health insurance plan, CoverRight is a great choice. Its direct-to-consumer model and use of technology makes it easy for CoverRight’s agent to recommend the best plan. And, they promise not to sell you products you don’t need.
If you already have a plan with Medicare, keep in mind that you can only change Medicare Advantage plans and Part D plans (also called prescription drug plans or PDPs) at certain times of the year. .
You may have additional enrollment options in certain situations, such as leaving a plan’s service area. It never hurts to check with CoverRight to see if you can change plans, and if so, what plan options might work best.
CoverRight plan options
CoverRight can help you choose the plan option that’s right for you. You can choose Original Medicare with a Medigap and/or Medicare Part D policy or a Medicare Advantage plan.
Original health insurance
The original health insurance has 2 parts: parts A and B of the health insurance. In general, part A of health insurance covers hospital care and part B covers other types of medical care, including visits to the doctor. Medicare alone does not cover prescription drugs.
On its own, Medicare has significant out-of-pocket costs. For example, Part A has a deductible of almost $1,500 per benefit period for hospital stays. You can have multiple benefit periods in a year. Part B has a deductible of about $200, and after that, you pay 20% of the Medicare-approved amount for your care.
You can have Original Medicare alone. However, many Medicare members choose to have supplemental or alternative coverage.
Medicare supplemental insurance plans, also known as Medigap policies, pay after the original health insurance. These plans help with Medicare-associated deductibles, copayments, and coinsurance.
The plans are standardized by letter, which means they offer the same benefits no matter which company you buy one from. Insurance companies may offer plans A, B, C, D, F, G, K, L, M, and N. Plans E, H, I, and J are no longer available. Plans F and C are not available to anyone starting Medicare on or after January 1, 2020.
Even though the plans and benefits are the same, the prices vary. One company’s Plan G may cost more or less than another provider’s Plan G. This is why CoverRight can be useful.
Medicare Part D
To get prescription drug benefits with Original Medicare, you will need to purchase a Part D plan, also known as a Prescription Drug Plan (PDP). Medicare supplements do not include prescription drug benefits. If you want drug coverage, you will need to purchase a PDP even if you purchase a Medicare supplement.
PDPs can have a monthly premium, annual deductible, co-payments and coinsurance. Each plan has a formulary, which is a list of covered medications. The drugs on the formulary are divided into tiers and the costs vary depending on which tier you are in. CoverRight can help you find a PDP that fits your prescription needs well.
Medicare Advantage Plans
Medicare Advantage plans are an alternative to Original Medicare. Private insurance companies sell these plans, and you receive your Medicare Part A and B benefits through the plan. You can pay a monthly premium. Most plans offer additional benefits such as vision, dental, hearing, and fitness programs. Most also offer Part D benefits.
Medicare Advantage plans usually have copayments and you can also pay a deductible. These plans may have a network of providers. You may need to see vendors within the network or you may pay less if you see vendors within the network.
CoverRight offers an easy-to-use service that walks you through your options. Whether you’re new to Medicare or switching plans, the platform gives you a personalized experience, such as information on exactly when to enroll.
If you know whether you want a Medicare Advantage or Original Medicare plan with a Medigap policy, you can start exploring those options. If you don’t, CoverRight also offers a great Medicare 101 video training course as well as an informative quiz to help you decide if Medicare Advantage or Medicare Supplement is right for you.
Overall, the platform provides a user-friendly experience that keeps you informed throughout the process.
Even better, the company allows instant quotes for users who like to browse on their own, which makes it even better for those weighing their options.
CoverRight offers several options for customer support. You can call customer service at 1-888-969-7667, book a consultation using their online form if you want them to call you at a specific time, or send them an email or chat message.
If you connect with an agent over the phone, that agent becomes your dedicated agent who can help provide personalized quotes and walk you through the entire process.
You can reach customer service Monday through Friday from 8 a.m. to 10 p.m. and Saturday and Sunday from 9 a.m. to 4 p.m. to chat.
CoverRight vs Competitors
CoverRight is similar to competing sites in that it provides plans based, in part, on your location. What sets CoverRight apart is that it lets you buy plans on your own terms.
Unlike other insurance “comparison” websites that offer “free quotes” with the stipulation that you must provide your phone number, you will never be contacted by CoverRight unless you specifically request it. This saves you from having your information sold to multiple parties, resulting in pushy salespeople calling you repeatedly.
Plus, CoverRight helps you match your doctors, medications, and other benefits you may be looking for to more than just your location, helping you find the perfect plan for you.
CoverRight also has readily available educational resources to help you better understand your health insurance options.
CoverRight also stands out from its competitors by offering you a dedicated agent who accompanies you throughout the process. It also undertakes never to sell your data.
Easy access to member benefits and support
Easy access to benefits
Medicare Advantage Plans
CoverRight is a free platform
Only available to consumers in the following US states: Alabama, Arizona, California, Colorado, Connecticut, Florida, Georgia, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Michigan, Mississippi, Missouri, Nevada, New Jersey , New Mexico, New York, North Carolina, Ohio, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Washington (State), West Virginia.
Original health insurance
You could spend hours researching Medigap policies, Medicare Advantage plans, and PDPs and find one that’s right for you. Or you can save hours and use CoverRight.
Its agents put customers first and have no incentive to recommend one plan over another. Its policy of not selling your data ensures that you will not receive unwanted phone calls.
CoverRight can save you time and money while simplifying what is often a complicated process.
Frequently Asked Questions
What Does Straight Medicare Cover?
The original health insurance has 2 parts: parts A and B of the health insurance. Most people do not pay a premium for Part A of Medicare, but there is a premium for Part B.
Medicare Part A covers inpatient hospital care, skilled nursing, hospice care, and some home health care. Medicare Part B covers other medically necessary services and preventive care.
What is the best option for Medicare?
The best option for Medicare depends on your budget and preferences. If you don’t mind paying a higher premium for lower costs when you receive care, a Medicare supplement plan might be a better fit. If you want low or no premiums and don’t mind paying copayments, a Medicare Advantage plan might be a better fit.
Medicare Advantage plans may also include additional benefits such as vision care and dental care. Most of these plans also include Medicare Part D benefits.
Where can I find a health insurance company that offers health insurance plans?
You can find a Medicare insurance provider by looking at the list above.