Medicare Advantage plans have a lot of moving parts. Deductible vs. Maximum Out-of-Pocket vs. Medigap deductible. Then you throw in some insurance lingo and technical terms, and it can get really confusing. In this video, we will explain the difference between a Medicare deductible and maximum out-of-pocket.
Start (0:00)
Deductible definition (0:35)
Medicare Advantage and Part D (1:46)
Maximum out-of-pocket explanation (2:47)
2021 Maximum out-of-pocket limit (3:33)
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