As we continue to age, health becomes a top priority. Medicare is known for providing affordable health insurance to seniors in the United States. However, with the continual changes in Medicare Advantage plans for 2024, it can be difficult to understand the latest improvements that are set for 2024. In this blog post, we will explore the key changes that you should know about Medicare Advantage Plans and how it can impact your healthcare journey.
Expanding Diabetes Management – The Centers for Medicare and Medicaid Services (CMS) recently announced that Medicare Advantage plans will be able to provide more benefits to individuals with diabetes beginning in 2024. With diabetes being a prevalent health issue among seniors, many health plans are looking to expand their benefits in this area. Look out for benefits like free or low-cost insulin, testing strips, glucose monitors, and personalized counseling.
Elimination of Cost-sharing for Certain Health Services – Starting in 2024, the CMS will require Medicare Advantage plans to eliminate cost-sharing for specific preventative services, including vaccines for COVID-19, flu, and pneumonia. These proactive investments aim to increase immunizations and promote better health outcomes for seniors.
Additional Telehealth Coverage – Amidst the pandemic, telehealth has expanded access to care for millions of seniors across the United States. Therefore, in 2024, CMS is set to extend Medicare Advantage telehealth coverage. This change allows patients to access care from their provider in the comfort of their own home.
Improved Coverage for Chronic Conditions – Medicare Advantage plans have been known for providing coverage for chronic conditions. However, beginning in 2024, CMS is expected to introduce improved coverage for individuals with chronic conditions. This change includes an expansion of the benefits for long-term care. As a result, seniors may be able to overcome issues with mobility or chronic pain with more advanced treatments.
Possibility of More Plan Availability – With the continued growth in population, Medicare Advantage Plans have become more popular among seniors looking for coverage. In response, the CMS may increase the availability of these programs to meet the growing demand.
As we come closer to the year 2024, there are several anticipated changes in Medicare Advantage Plans. These improvements are expected to be beneficial for seniors, providing more coverage and assistance than ever before. Furthermore, Medicare’s continuous efforts to expand healthcare access to remote areas and rural communities have been successful, and seniors will benefit from telehealth services throughout the country. With an increased number of options available on the market, it’s essential to research your choices and select the plan that best meets your healthcare needs. We hope you found this information helpful in navigating these changes.