A Medicare Special Needs Plan (SNP) is a type of Medicare Advantage Plan (like an HMO or PPO) for people with low income (Medicaid eligible) or who have certain chronic diseases.
You would consider a SNP if you have Medicare Part A (hospital insurance) and Medicare Part B (medical insurance) and meet the eligibility requirements.
Chronic diseases may include:
- End-stage liver or renal disease requiring dialysis
- Chronic Heart Failure
- Diabetes Mellitus
- Cardiac arrhythmias
- Coronary artery disease
- Peripheral vascular disease
- Chronic venous thromboembolic disorder
Covered drugs, provider choices and other benefits are tailored to meet these specific needs.
It will provide all medically-necessary services under Original Medicare, as well as preventive services and prescription drug coverage.
Have more questions? Our medicare insurance advisors Colorado will help you understand if a Medicare Special Needs Plan fits your situation.