Medicare Advantage plans are private health plans that are contracted from the government that pay a fixed amount per person. They are often plans that supplement Medicare and other health insurance. Often those that are under 65 use this plan to have affordable supplemental health insurance.
There are different type of Medicare Advantage Plans. They often pay Part A and B like Medicare but have different rules and restrictions. They have a limit on out of pocket expenses and many cover benefits that Medicare may not. Many of the plans have co-payments where the patient must pay a certain amount when they receive services from a doctor of hospital.
The most common Medicare Advantage Plans are Health Maintenance Organizations, Preferred Provider Organizations,and Medical Savings Accounts. The plans do not cover hospice care. Many plans cover vision, hearing, dental, and prescription. You can join a plan with a preexisting conditions except for End Stage Renal Disease.
InnovaCare Health is a leader in managed health care services and Medicare Advantage Plans. They service North America with quality services. They provide patients with quality managed medical care. Rick Shinto is President and Chief Executive Officer of the company. He has 20 years of clinical and operational health care management. He has a medical degree from the State University of New York and an MBA from University of Redlands.
Read more: Meet Our CEO
In July 2016, Penelope Kokkinides joined the team as Chief Administrative Officer. She has over two decades of government healthcare experience. She has developed clinical programs and managed the operation of these programs. She worked as Chief Operating Officer at CenterLight Healthcare where she headed the managed care division. She worked in management for AmericaChoice a division of United Healthcare. There she served as Corporate Vice President For Care Management and Disease Management. Read more about Penelope Kokkinides on bizjournals.com.
InnovaCare Health recently jointed the Healthcare Learning and Action Network. This network wants to design a US healthcare payment models based on quality of services not quantity. InnovaCare Health supports payment reform. They want to have 30% of payments go into a new alternative system by 2016. They will measure there efforts by participating in the Lan Nationwide Data Collection Effort.
InnovaCare Health has a deep commitment to moving healthcare forward. They provide health care solutions that are cost effective and innovative. The new payment system wants to pay providers based an quality not quantity. For Medicare Advantage Plans the company will participate in the quantitative data survey and categorizing payment according to the AMP framework.
Learn more about InnovaCare Health: http://innovacarehealth.com/leadership/penelope-kokkinides/