- A Medicare Special Needs Plan (SNP) is a type of Medicare Advantage Plan that is designed to provide targeted care for specific populations of Medicare beneficiaries. These plans are available to individuals who meet certain eligibility criteria, such as those who have certain chronic conditions, live in a nursing home, or are dually eligible for Medicare and Medicaid.
- as those who have certain chronic conditions, live in a nursing home, or are dually eligible for Medicare and Medicaid.
- Medicare SNPs typically allow individuals to see any healthcare provider that accepts Medicare, although they may have lower out-of-pocket costs if they use providers within the plan’s network. These plans may also have deductibles, copays, and coinsurance for certain services.
- It is important to note that Medicare SNPs are required to provide at least the same level of coverage as Original Medicare, but they may have different rules and restrictions on coverage. In addition, individuals who enroll in a Medicare SNP may be responsible for paying premiums in addition to their Part B premium.
