Could a Medicare Special Needs Plan Be Right for You?
A Special Needs Plan (SNP) customizes medical benefits for individuals who have chronic illnesses, are on Medicaid, or live in specific institutions. SNPs are offered under Medicare Advantage, with figures showing that enrollees under this plan may hit 28% by next year. What should you know about SNPs? They cover hospital care (Part A), physician visits and some other charges (Part B) and prescription drugs (Part D). There are three kinds of SNPs; Chronic condition SNPs These plans cover patients with disabling or severe chronic diseases like diabetes, stroke, chronic heart failure, and cancer. Dual-eligible SNPs This covers individuals eligible…