Insurance has and always will be a necessity; an Advantage plan is not just necessary but is a wise plan to sign up for. The question is this why do Medicare Advantage Plans gain relevance in 2020? Have they become more important now than they were earlier? This is the question to think about. The one word that has scared and scarred every nook and cranny of this planet is covid19. There is probably no one who is on this earth who has not heard of this dreaded disease; the one that continues to wreak havoc across countries, both powerful and weak. In a pandemic, all that you can think of is how to remain safe and keep your loved ones safe as well. Though this might not sound too difficult, the rate at which the virus keeps spreading does not help instil any kind of courage in anyone.

Chronic Illness

Except for ESRD, which we shall explain to you, the cost of treating chronic illnesses is also covered when you register for an Advantage plan. To come back to ESRD – End Stage Renal Disorder – you must know that this is a chronic situation that cannot be reversed that easily. It is almost the last stage in a person’s life where his or her kidneys have collapsed. Of course, the cause of this collapse could be anything: from being an alcoholic to being involved in a horrific accident, there are many reasons why a person suffers from ESRD. Whatever the causes maybe, you are not eligible for any kind of plan if you are suffering from ESRD. There could be exceptions to this rule, but this depends on the policy of individual insurance companies.

You Should Not Worry About The Costs

Insurance comes across as a bad word only because there is a misconception in our minds that it is an extremely expensive thing, which you might or might not need in the near or distant future. In 2020, this is set to change. If you are going to consult your advisor and register for an Advantage plan in 2020, you will realize that there was never a more opportune moment to do so.

The Fall Enrolment period is when you could register for these plans. Healthcare coverage is a must and you would be helping yourself and your immediate family if you could do something to ensure that your costs are covered.