Speak with a Licensed Insurance Agent

Search
Close this search box.

All-In-One Medicare Plan

An all-in-one Medicare insurance plan can mean several different things. There are Medicare Advantage plans, or you can combine Medicare Parts A, B, and D with a Medicare Supplement (Medigap) plan and additional dental and vision hearing. With a flurry of possibilities, where do you begin? Below, we review Medicare all-in-one plans and help determine which option may work best for you.

Find Medicare Plans in 3 Easy Steps

Let us help you navigate your Medicare journey

Medicare All-in-One Plan

Medicare Part C - Medicare Advantage Plans - four different colored circles representing the included benefits of Medicare Advantage.

 

All-in-one Medicare coverage covers inpatient, outpatient, and medication expenses. Most enrollees consider dental and vision coverage necessary, so an all-in-one plan should also include those benefits. Most people assume a Medicare Advantage plan to be all-in-one coverage, but the benefits vary based on the plan you enroll in. So, your Medicare Advantage plan may or may not be all-in-one.

On the other hand, if you combine your coverage correctly and prefer to spend less out-of-pocket when you receive care, a Medicare Supplement (Medigap) plan may be the best all-in-one option for you.

Overall, all-in-one Medicare coverage is what you make of it. Your all-in-one plan may look different to someone else who has different healthcare needs than your own.

What is the All-in-One Medicare Advantage Plan?

Medicare Advantage plans are typically known as all-in-one plans. This is because they bundle coverage together to entice beneficiaries to enroll. These plans include Part A, Part B, and Part D benefits plus additional coverage. The biggest pitfall is the out-of-pocket expenses that make this type of coverage far from comprehensive.

Each Medicare Advantage plan is offered by a private health insurance company that has a contract with Medicare. Thus, Medicare pays the carrier to take on your risk. Because of this, there can be both pros and cons to Medicare Advantage all-in-one plans. The negative side is the restriction to a network of health facilities, hospitals, and physicians. Most plans require referrals or prior authorization for services with specialists.

What are All-in-One Medicare Supplement Plans?

While Medicare Supplement plans are not an all-in-one plan, you can use them to supplement your other Medicare benefits to give you real comprehensive coverage, unlike Medicare Advantage plans. When deciphering which plans are best for you, pay attention to the benefits of all options. Medigap can help cover a beneficiary’s copayments, deductibles, and coinsurance. The below parts and plans combined will give you the most coverage.

  • Medicare Part A (hospital coverage)
  • Medicare Part B (medical coverage)
  • Part D (prescription coverage)
  • Medigap Plans (supplement coverage)
  • Dental and Vision

Typically, Medigap plans will not cover dental, vision, or long-term care. They also exclude home health care because Original Medicare doesn’t cover home health care. If Medicare covers the service, the Medigap plan covers the service.

Find Medicare Plans in 3 Easy Steps

Let us help you navigate your Medicare journey

Ancillary Products to Add to Your Custom All-in-One Medicare Supplement Plan

Stand-alone dental coverage allows beneficiaries to customize coverage. For example, a higher premium policy will have lower copayments and deductibles. However, a lower premium policy will have higher out-of-pocket expenses.

So, if you know you need a lot of dental work, a higher premium policy will benefit your wallet more than a low-cost policy. Although, if routine care is your main goal, a low-cost policy would be sufficient.

Vision coverage can either be purchased as a stand-alone policy or through alternative means, such as on Groupon. Many vision facilities offer affordable rates for an eye exam and one or two pairs of glasses.

Sometimes paying out of pocket for vision care is the most cost-effective. Also, Medicare does cover cataract surgery when medically necessary; if Medicare covers, Medigap covers. Then, one pair of glasses or contacts will have coverage after cataract surgery.
Consider these things when choosing coverage:

There are many factors to consider when making a choice.

  • Costs
  • Quality of care you’ll receive
  • Coverage when you travel
  • Prescription drug coverage
  • The limits of your health coverage

The Cost of All-in-One Medicare Plans

Medicare costs vary from person to person. Thus, the cost of Medicare Advantage and Medigap plans is difficult to determine without understanding your unique circumstance. In many states, Medicare Advantage can cost as little as $0 a month. But you still pay your Part B premium in most cases. On the other hand, all Medicare Supplement plans will have an additional premium on top of your Medicare Part B premium.

However, often times with insurance coverage, you get what you pay for. Paying a higher monthly premium often results in lower out-of-pocket costs in the long run. However, to determine which plan is best for you, you’ll need to compare all of your options with a knowledgeable licensed agent.

FAQs

What is a Medicare all-in-one plan?
Generally, when you see information about Medicare all-in-one plan, it refers to Medicare Advantage. However, these are not as comprehensive as most beneficiaries think. A good alternative is to build your own all-in-one plan to get the most comprehensive coverage.
Why does an all-in-one plan with Medicare depend on location?
If you’re all-in-one Medicare plan depends on location, it’s because you’re looking at a Medicare Advantage plan. Advantage plans are dependent on your location, and they are as granular as your city. They won’t travel with you, so if you want to see a doctor outside your city, the Advantage plan may include that doctor in your plan’s network. When you build your own all-in-one plan with a Medigap plan, your location doesn’t matter in regard to the coverage. The only reason your location matters is that it’s a factor used to determine your monthly premium.
Which Medicare plans offer all-in-one coverage?
Advantage plans out of the box offer all-in-one coverage. However, it’s important to read the fine print to see how much it really covers. If they don’t give you enough coverage or include too many out-of-pocket costs, you can make your own all-in-one plan by combing your Medicare benefits with a Medicare Supplement plan and Part D plan.

How to Enroll in an All-in-One Medicare Plan

Whether you want to enroll in a Medicare Advantage or build your own customer all-in-one Medicare plan, we can help. Let our team of agents find a plan that works for you! Give us a call or fill out an online rate form to see the best Medicare options available to you in your area.

Kayla Hopkins

Kayla Hopkins

Content Editor
Kayla Hopkins is an accomplished writer and Medicare guru serving as the Editor of MedicareFAQ.com. Upon completing her Communications degree from Ohio University, Kayla dedicated her time to understanding the ever-evolving landscape of healthcare. With her extensive background as a Licensed Medicare Insurance Agent, she brings a wealth of knowledge and expertise to her writing.
Ashlee Zareczny

Ashlee Zareczny

Compliance Manager
Ashlee Zareczny is the Compliance Manager for MedicareFAQ. As a licensed Medicare agent in all 50 states, she is dedicated to educating those eligible for Medicare by providing the necessary resources and tools. Additionally, Ashlee trains new and tenured Medicare agents on CMS compliance guidelines. Ashlee is a Medicare expert who specializes in Medicare Supplement, Medicare Advantage, and Medicare Part D education.

6 thoughts on "All-In-One Medicare Plan"

  1. My Father has Medicare Part A and Part B, But He went to the Eye Specialist for treatments, Still had to pay out of pocket $150, he doesnt want to have to keep paying $150 for every visit,
    Is there a plan he can add for Vision , that will cover his Visit to the Eye Dr, Fully ?

    1. Hi Fredd! Does your father have a supplement plan? Either Medigap or Medicare Advantage? Or does he only have Part A & Part B?

      1. In that case, you would need to enroll in a stand-alone vision plan since Part A & Part B do not include vision benefits. The only time vision would be covered under Original Medicare is if services were performed at the emergency room or by your primary care physician at an outpatient facitly.

    1. Hi Jerry! If you’ve been on disability for at least 24 months, yes. Otherwise, you have to be 65 years old to be eligible for Medicare. If you’re considered low-income, you could be eligible for Medicaid. I would contact your local SHIP office to find out what options are available to you in your state.

Comment

Your email address will not be published. Required fields are marked *

string(3) "Yes"

5.0 Satisfaction Rating

It’s free and no obligation!

Find the Most Affordable Medicare Plans in your Area

X