If you are eligible for Medicare, through age or disability, you may have the option to apply for coverage in a Medicare Advantage (MA) plan or prescription drug plan.
Enrollment Period: The Annual Election Period runs from October 15th through December 7th each year. During this time, Medicare beneficiaries may change prescription drug plans, change Medicare Advantage plans, return to Original Medicare, or enroll in a Medicare Advantage plan for the first time. Coverage for enrollment changes takes effect on January 1. Baylor participates in multiple medicare advantage plans. For information on plan options, call the 800 number below or visit our website. If you are interested in Medicare Advantage, call toll-free 1-844-224-7551
See below to find out how traditional Medicare differs from Medicare Advantage. This will help you decide whether you want to enroll in a Medicare Advantage plan or stay with traditional Medicare.
|Traditional Medicare||Medicare Advantage|
|*If you are interested in Medicare Advantage Call toll-free 1-844-224-7551|
|No Stop-loss feature to guard against potential medical expenses that may be incurred if struck with a catastrophic illness||Stop-loss feature generally between $5k – $6.7k to guard against medical expenses that may arise from a catastrophic illness|
|No prescription coverage under parts A and B, (Must purchase Part D separately to gain prescription coverage)||Includes Prescription Coverage|
|Deductibles for inpatient and outpatient services (part A and part B)||No deductibles|
|Limit on number of covered inpatient days||No limit on number of inpatient days|
|Co-insurance percentages vary creating unknown co-payment amount||Set co-payments, patients know exactly what their cost share will be|