Maximum Out-of-Pocket (MOOP) Expense
By law, private Medicare health insurance has an annual maximum out-of-pocket (MOOP) limit that helps protect you from financial disaster. The MOOP limit in 2018 is $6,700, but plans are allowed to have a MOOP as low as $3,400.
The most you will pay out-of-pocket, if you enroll in the First Choice VIP Care Plus Medicare Advantage plan, is N/A. This figure does not include your monthly premiums or your Medicare Part D coverage for prescriptions. This is what you pay out-of-pocket on co-payments and co-insurance.Be sure to compare the co-payments and co-insurance with traditional Medicare, but be aware that there are no out-of-pocket limits with Medicare Parts A and B. With Original Medicare you must buy supplemental insurance to cover the gaps or pay out-of-pocket.
CMS 5-Star Rating
After its first year on the market, each Medicare Advantage plan receives a one to five star rating from the Centers for Medicare and Medicaid Services (CMS). The relative quality assessment of health insurance by CMS assists people who are considering enrollment. Plans with five stars represent the highest quality, whereas a one star plan has the worst quality.
The First Choice VIP Care Plus Medicare Advantage plan is new and has not yet been rated by CMS. This is why the plan's rating is listed as out of 5 stars (as of 15 October, 2015).
Compare Medicare Advantage Plans
Compare First Choice VIP Care Plus with these top rated Medicare Advantage Plans available in Charleston County:
- HumanaChoice H5216-075
- Humana Gold Plus H5619-083
- Humana Gold Plus H5619-084
- Care Improvement Plus Medicare Advantage
- AARP MedicareComplete
First Choice VIP Care Plus Availability
First Choice VIP Care Plus is available in Adams Run, Mc Clellanville, Awendaw, Mount Pleasant, Wadmalaw Island, North Charleston, Sullivans Island, Charleston, Folly Beach, Hollywood, Johns Island, Ravenel, Isle Of Palms, Charleston AFB, and all other locations in Charleston County.
For more information, see Medicare Advantage Plans in Charleston County, SC.