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Michael M Insurance Services Blog

M.O.O.P.

4/22/2021

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When showing individuals new to Medicare details about their new Medicare Advantage plan, the discussion finds it's way the the Maximum Out Of Pocket (MOOP) expense. In some states it can be as high as $7550.00. Usually the client assumes that this is what they will be laying out for their insurance expenses during that calendar year. Wrong. That figure represents what they could lay out and the most they will ever lay out in a calendar year despite running up tens of thousands of dollars in Medical Bills. Let's face it, that's an awful lot $45 Specialist visits so you really have to have a lot going on to ever get there and most people don't.
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    445 Broad Hollow Rd.
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    Melville, NY 11747
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Michael M Insurance Services​
Office Location:
445 Broad Hollow Rd.
Suite 25
Melville, NY 11747

​Mailing Address:
PO Box 465
Brightwaters, NY 11718​
(631) 774-3786​
Click Here to Email Us
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Disclaimer- Michael M Insurance Services does not represent all of the Medicare Health Plans available in your area. For a complete list of plans feel free to contact us or go to the Medicare.gov website for more information. Plan listings can also be found in the Medicare and You Guide which can be found in the Medicare Document Library at the bottom of the Home Page. In any case we are available to assist you in getting the answers and information you need.
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  • Home
  • Medicare
    • Part A
    • Part B
    • Part C - Medicare Advantage
    • Medicare Supplement
    • Part D
    • Medicare Seminar
  • Contact
  • About
    • Agency Photo Gallery
    • Blog
    • Office Appointment
    • Zoom Appointment
  • Other Services
    • Final Expense Insurance
    • Long Term Care Insurance
    • Online Documents