Healthcare is a vital sector that matters a lot to the government and its people. There has to be structures that are dedicated to building the healthcare sector to ensure it is streamlined enough to accommodate the many needs that the populace presents to the government. One of the methods used to make it easy to manage healthcare is having private companies get into the process of providing some services. This creates competition and in the process the quality of these services improves.
This is the idea that was presented through the Medicare Advantage program and several companies jumped into the mix to take advantage of the many changes that came with the introduction of the program. One of the companies that entered into the industry and made an impact is InnovaCare Health, a dedicated healthcare services provider based in Puerto Rico.
InnovaCare Health was struggling to beat the challenges present in the industry and it struggled to move from this position for several years until its leadership was reshuffled to include highly experienced and creative individuals. One of the individuals who entered into the company during this phase is Rick Shinto, who currently holds and executive position as the CEO and President of the company.
Rick Shinto is the brain behind the development of a new and reliable network for InnovaCare Health that allows the company to seamlessly manage its affairs. He is one of the most respected individuals in the leadership of InnovaCare Health and this is so because of the great changes he helped to instill into the company.
When he joined InnovaCare Health in 2012, he had worked at Aveta Inc., as the President and CEO. His experience also includes working at MedPartners and several government agencies in the healthcare industry. Rick Shinto, owing to the massive skills he has gained over time, has been contributing through journals and articles to the development of the healthcare industry. His research has helped to address concerns about the quality of healthcare services and the processes that should be used to manage the system.
Having served at several other companies at an executive position, Penelope Kokkinides gained a great deal of experience that places him at a perfect position to handle the many challenges that come with working at InnovaCare Health as the chief administrator. She is the brain behind the installation of the new service delivery system that is efficient and cheaper to run. Read more about her on IdeaMensch.com
Medicare Advantage is a program that individuals can use to access health care services as an alternative to Medicare Original. It is a form of private health care plan that requires an individual to pay a monthly fee that is typically larger than that of Original Medicare. Private insurance companies that have Medicare benefits are responsible for selling Medicare Advantage Plans with the most common types being Private-fee-for-service (PPFS), Health Maintenance Organizations (HMOs) and, Preferred Provider Organizations (PPOS).
A beneficiary of Medicare Advantage must sign up for part A that is responsible for the inpatient care insurance and part B that handles outpatient care. There is also the option of including a part D when signing up if you need a private plan to cover medical drugs. The services you get with a Medicare Advantage plan are essentially the same ones as with Medicare Original except for a few differences. For one, with a private plan, you don’t get hospice care. Private plans also have some extra services that you may not have access to with an original plan such as dental, hearing, and vision care. Medicare Original does not usually cover drugs, which is another advantage if you have part D coverage. However, some plans may only cover medically necessary services, so you should find out when choosing one.
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When it comes to costs, private plans have their own rules that a beneficiary should follow. The company and deductibles of a Medicare Advantage plan vary from one to another, and you have to pay the plan’s premiums plus the Medicare premium.
One provider that caters to the various needs of individuals in need of Medicare Advantage plans is InnovaCare Health, a leader in healthcare management services. Operating under a mission to redefine healthcare management, Innovacare puts together quality solutions that are innovative, affordable, and organized.
Innovacare has been able to achieve its reputable spot in the healthcare sector due to the contributions of its CEO, Dr. Rick Shinto and Chief Administrative Officer, Penelope Kokkinides. Dr. Shinto’s experience in the field of managed healthcare of over 20 years gives him the skills and authority to structure programs that offer the best medical care. Penelope Kokkinides has also worked in the managed care industry for about two decades with a focus on government programs such as Medicare. View her infographic resume at Vizualize.me
Learn more about InnovaCare Health: http://innovacarehealth.com/newsroom/