Knowing the three types of medical providers under Medicare can save you money

Nearly two-thirds of all Medicare beneficiaries prefer original Medicare to Medicare Advantage plans.  Beneficiaries like the freedom to choose any doctor or hospital that accepts Medicare patients compared to Medicare Advantage plans that limit the choice of providers to those in their networks and service areas. However, it’s important understand medical providers are categorized under three classifications in reference to Medicare: providers who accept assignment, providers who do not accept assignment, and opted-out providers.  In Joel Mekler’s column he explains the difference between the three classifications and how by choosing the correct provider will lower your costs. Read his column here…

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