Starting January 1, 2020 Renown is offering a new Medicare Advantage Plan. The new Medicare Advantage Plan is called the Renown Preferred Plan. There are many aspects of the Renown Preferred Plan that cannot be found anywhere else in Nevada. If you qualify for Medicare, we recommend reviewing this policy as an option for you. The Renown Medicare Advantage plan includes the following benefits:
- Affordable monthly premium.
- There are no preexisting conditions or health questions when enrolling.
- Preferred access to Renown doctors and facilities. You also have access to many private doctors and facilities in the area!
- Low out of pocket costs for medical procedures and doctor visits.
- This plan includes Part D prescription drug coverage. It works at many different pharmacies in the area and even includes mail-order prescription options!
- This plan includes many different value-added benefits in addition to medical and prescription coverage.
Enroll in the Renown Medicare plan by clicking on that link!
People can start enrolling in this plan during the Annual Enrollment Period in 2020. The Annual Enrollment Period starts on October 15th of each year and ends on December 7th. Also, people who are initially eligible for Medicare Part A and Part B can apply coverage starting January 1st.
Covering Renown Doctors & Facilities
As Northern Nevada expands, Renown plans to extend its facilities and insurance plans into other parts of the State. Renown Medicare has traditionally been offered through their insurance company, Senior Care Plus. Renown also owns another insurance company called Hometown Health. Hometown Health enrolls people in non-Medicare plans. Once people are enrolled in the Renown Medicare plan, they usually transition into a Senior Care Plus plan so they can maintain their providers at Renown facilities. As of today, Senior Care Plus and the Renown Preferred Plan are the only Medicare Advantage plans that contract with Renown doctors and facilities. All other Medicare Advantage plans in Nevada are out-of-network when using Renown doctors.
Simply put – If you want to see Renown doctors on a Medicare Advantage plan, we recommend the Renown Preferred Plan.
The Advantages of Medicare Advantage
There are two main types of Medicare plans: Medicare Advantage plans and Medicare Supplement plans. There are many differences between the two types of plans. Medicare Advantage plans, also known as Part C of Medicare, include benefits that are not available on Medicare Supplement plans. For example, Medicare Advantage plans usually include Part D drug coverage whereas Medicare Supplement plans do not. Also, Medicare Advantage plans never ask health questions and cannot deny coverage based on preexisting conditions. There are certain times when people can enroll in Medicare Supplement plans without health questions. Generally speaking, it is tough to switch Medicare Supplement plans since insurance companies can deny you based on health conditions. Fortunately, the Renown Preferred Plan does not ask health questions like Medicare Supplement plans.
Medicare Advantage plans usually include value-added benefits like dental, vision, and hearing aid coverage. Unfortunately, Medicare Supplement plans do not include these benefits in the standard benefit structure. Medicare Supplement insurance companies may include extra benefits but usually don’t. While enrolled in the Renown Preferred Plan, members will be able to access value-added benefits throughout the year. This will ensure that your whole body stays healthy. Many people think health insurance is just for surgeries and doctor visits. In reality, health insurance is coverage for the whole body which includes teeth, eyes, and ears. The Renown Preferred Plan will help you maintain the health and wellbeing of your entire body, ensuring a longer and happier life!
Do I Qualify for Coverage?
As discussed earlier, there are no health questions on Medicare Advantage Plans. To enroll in a Medicare Advantage Plan, there are a few requirements:
- You need to be enrolled in both Part A and Part B of Medicare. To enroll in Part A and Part B of Medicare, please click here.
- Insurance companies pick and choose which counties they want to sell plans in. The county you live in ultimately determines which plans you can pick from.
- Unlike Medicare Supplement plans, you do not need to 65 to enroll in a Medicare Advantage plan.
- Timing is everything! To enroll in Medicare Advantage plans, you need to apply during specific times of the year. The next paragraph discusses when you can enroll in Medicare Advantage coverage.
When to Enroll in Medicare Advantage Plans
No one likes paperwork. Fortunately, the Renown Preferred Plan has a short application to make the enrollment process quick and easy! Depending on your eligibility for Medicare, you might be able to enroll today! In general, there a few different times when you can enroll in coverage or switch Medicare Advantage plans. To learn more about the different times when you can enroll, please click on the web links below: