5 tips for 2011 Medicare enrollment

Advantage plan expenses capped
4 of 7
Advantage plan expenses capped

Beginning next year, Medicare Advantage plan out-of-pocket expenses will be capped at $6,700. "Maybe $15 copays don't sound like much," says Baker. "But if you're going to a number of specialists, copays add up."

Plans are also barred from charging higher copayments for some services, such as chemotherapy.

Baker also says Medicare Advantage beneficiaries should scrutinize plans more closely this year. There may be higher premiums and copays. One plus: Advantage plan enrollees do benefit from a very competitive marketplace.




Show Bankrate's community sharing policy

Connect with us