Understanding Medicare and Medicare Advantage: Key Differences and Pre-Authorization Insights

Reported 1 day ago

In a recent Q&A session, Yahoo Finance columnist Kerry Hannon clarifies the distinctions between traditional Medicare and Medicare Advantage, highlighting how these programs differ in coverage and provider access. While Medicare allows broader provider options, Medicare Advantage plans, offered by private insurers, often include additional benefits but require pre-authorization for services, potentially causing delays. As the healthcare landscape evolves, concerns arise over the pre-authorization process for both Medicare types and the lack of coverage for long-term care expenses.

Source: YAHOO

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