Most people who use Medicare are an the Original Medicare plan, but there are some who opt for a Medicare Advantage Plan. These are insurance supplemental groups who pay the government a certain amount for each individual paid. There are several different kinds, but the most common types are Health Maintenance Organization (HMO), Preferred Provider Organization (PPO), and Private Fee-For-Service (PFFS). Less common but still good Medicare Advantage Plans are Special Needs Plans (SNP), Provider Sponsored Organizations (PSO), and Medicare Medical Savings Account (MSA).
Although users of the plans do so with different insurance companies, they are still full Medicare participants with all Part A and B services provided. The regulations of the various individual plans are themselves have within their plans things that are contractually obligated to abide by Medicare rules. However, the cost is higher for some things and lower for other things than it would be than under Original Medicare. Although there may be a higher payout of average with Medicare Advantage Plans, these plans do usually offer some things that Original Medicare does not.
Read more: InnovaCare Health
InnovaCare Health is the leading provider of Medicare Advantage Plans. InnovaCare operates two Puerto Rico based combines who service 200,000 Medicare users and work with 7,500 providers. It also has many users of its two Medicaid plans. Its Medicare and Medicaid operations spans throughout the width and breadth of North America. This large organization is currently helmed by Penelope Kokkinides, Chief Administrative Officer of InnovaCare, Inc and Rick Shinto Chief Operating Officer of the company. She is not a beginner at leadership. She has already had considerable practice.
Before taking on the leadership of InnovaCare in June 2015, Penelope Kokkinides had already garnered an impressive resume in leadership. She has already been COO of InnovaCare, Inc. and Aveta, Inc., vice president of Clinical Operations, and Executive Vice President and Chief Operating Officer at Centerlight Healthcare. Besides her leadership experience, she also has over 20 years of experience working in the health care industry. The leadership who work under Kokkinides are very optimistic about her leadership of InnovaCare Health. They are confident that she will lead the already strong company to ever greater heights. All signs point to them being right.
Learn more about InnovaCare Health: http://www.camarapr.org/Pres-Izq/PRH-2015/bios/Bio-Richard-Shinto-2015.pdf