How Do I Compare the Oxford Medicare Advantage Plan of New York?

Comparing traditional Medicare to a Medicare Advantage Plan does not have to be an overwhelming process. Understanding the differences in the plans and knowing which questions need to be answered will help you make a decision that is right for you.

Instructions

1. Contact the Medicare Advantage Plan you in which you are interested. You can do so via website or phone, as well as snail mail.

2. Verify the types of services offered by each company. Services vary and can include hospital facility, physician, prescription drug and ambulatory surgery center coverage.

3. Request a list of covered physicians, hospitals and services from the company with which you are contacting. Many Advantage Plans require the use of certain physicians and hospitals. Going to a physician or facility that is not contracted through them will not be covered and payment will be your responsibility.

4. Write down the fees for traditional Medicare and the Advantage Plan. Include monthly fees, yearly or quarterly deductibles and co-pays. Listing this information in column format can make it easier to view the pros and cons of each plan. This list can contribute towards a final decision on your plan.

Tips & Warnings

• If you have trouble finding information and coverage guidelines for Traditional Medicare, you can contact them at 1-800-MEDICARE

• When selecting a Medicare Advantage Plan, it is important to remember that this service will take the place of traditional Medicare. If the Advantage Plan does not cover a service, traditional Medicare cannot pay because you are contracted with another company.

References

• Centers for Medicare and Medicaid Services website
• The Center for Medicare and Medicare Services Internet Only Manual (IOM) website

Resources

• Medicare