A Medicare Advantage plan is a health insurance program contracted through the federal government within a division of Medicare. According to recent studies around 33 percent of Americans choose to get their health coverage from Medicare Advantage plans.
A common misconception people insured by Medicare Advantage plans have is that they don’t have original Medicare. Medicare Advantage plans are required by the federal government to provide Part A and Part B Medicare services. The only separation is rules, costs, and regulations that play a role in the way and time you receive care. No matter what Medicare Advantage plan you have emergency and urgently needed care are always covered.
Plans may also offer extra coverage including health and wellness programs. Most have integrated prescription drug coverage or Part D. Medicare Advantage plans receive capitate fee payments by the federal government as a reward for providing these benefits.
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The most popular Medicare Advantage plans include: Health Maintenance Organization, Preferred Provider Organization, and Private Fee For Service. Unlike original Medicare every Medicare Advantage plan must put a cap on out of pocket expenses a recipient has to pay. Each plan has the right to set its own stipulations about the kind of coverage a beneficiary receives. Even the companies that offer these plans have the right to make their own stipulations. For this reason, identical plans offered by different companies may have different rules for coverage.
InnovaCare Health of managed health care services such as Medicaid, Medicare Advantage Plans, and certain physician practice services. InnovaCare Health provides high level healthcare services that are cost effective and sustainable. The company has created innovative network models that are completely functional in advanced technologies we have in our world today. Currently, InnovaCare Health has a membership base of well over a 150,000 individuals. InnovaCare Health is always looking for talented people to be a part of the company. Recently, President and CEO of InnovaCare Health, Richard Shinto, announced the company named three additions to leadership within the corporation. One of the individuals named was accomplished business woman Penelope Kokkinides. She will serve as Chief Administrative Officer.
About Richard Shinto
Rick Shinto has been in the healthcare industry for over 20 years. He held many leadership positions at several hospitals in California before becoming CEO of InnovaCare Health. Shinto is an active member of many health profession committees and also serves as the President of Aveta Inc.