Do Medicare Advantage plans have an out-of-pocket maximum?
Original Medicare has no out-of-pocket maximum limit on how much you will pay, but Medicare Advantage plans do cap the costs. So what is an out-pocket-maximum? The term out-of-pocket maximum or limit is, according to healthcare.gov, the most one will have to pay for covered services in a plan year. In Diane Omdahl’s article appearing on www.forbes.com she takes a closer look at how out-of-pocket maximum works in the Medicare world. Read Ms. Omdahl’s article here…
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