InnovaCare health is amongst the leading service providers of Medicare Advantage plans. Due to the quality of services provided by InnovaCare, more than 200,000 clients have joined the organization. InnovaCare health has an in- network service providers of more than 7500 providers.
Medicare Advantage plans refer to a private health plan that is offered by private insurance providers who are approved by the Federal Government on innovacarehealth.com. It is a requirement that all Medicare Advantage plans have to cover for all services that are covered under the original Medicare. However, the services are provided using different coverage restrictions and regulations.
Common types of Medicare Advantage schemes include Health maintenance organizations, proffered provider organizations and private fee for service.
1. Health Maintenance Organizations
Health Maintenance Organizations are private companies that contract with the Federal Government to offer Medicare Advantage plans to people. Clients may get additional medical benefits.
2. Preferred Provider Organizations
In this scheme, consumers will pay a standard Copay when using in-network providers. On the contrary, if you use an out- of- network provider, the medical expenses will be higher. Clients may benefit from additional services like vision and dental care.
3. Private Fee- for- Service
In this plan, all services that are provided in the original Medicare are covered. Additionally, the scheme may cater for prescription drug coverage. In some cases, using the systems in network service providers is cheaper, however, it is not a restriction.
Besides the three typical Medicare Advantage plans, other schemes like Special Needs Plans, Provider Sponsored Organizations, and Medicare Medical Savings Accounts exist. Standard wit all the schemes is that they all have an out of pocket spending. Once the out of pocket spending is reached, your insurance provider will pay for more expenses that will be incurred.
Everybody is legible to join any Medicare Advantage plan as long as they don’t have an end-stage renal disease.
InnovaCare Health provides a broad benefit-oriented health care model that caters to the needs of its clients. It provides standard services due to proper coordination of its experienced top executives, Richard Shinto, the CEO, and Penelope Kokkinides, the Chief Administrative Officer.
Dr. Rick Shinto has over 20 years’ experience as a clinical officer. He has been an administrator in many health care organizations. Similarly, Ms. Penelope Kokkinides is a seasoned leader with an extensive experience in management of health care programs and facilities.
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For many rich people, it may be said that their pockets were large but their heart was small. But that’s not the case with Dick DeVos, the son of Richard DeVos, head of Michigan’s 2nd wealthiest family. The DeVos’s pride themselves on how much they’ve been able to give away to local charities and causes that are dear to their hearts. No, they aren’t showy about it, it’s something in the spirit that Richard DeVos, the patriarch of the family embodied as he saw those around him wanting to help the city of Grand Rapids. The DeVos family has passed it on to their future generations. Forbes magazine quoted the DeVos’s as having given about $94 million in 2014, and around a total of 1.2 billion in their lifetime.
Dick DeVos has been a part of the DeVos family business, and built a legacy of philanthropy over the last 40 plus years. His father Richard started the family business, Amway Corporation back in the 1950s. It was a direct selling business that allowed clients to buy products directly from Amway, and sell them to make a profit. Dick learned the family business while young, and joined it after graduating from Northwood University. He served as a vice president for about 8 years before becoming CEO of the NBA’s Orlando Magic, then returned to take over the company after his father retired. He served as CEO of Amway for 10 years, expanding its operations into many foreign countries, and growing its profits into the billions.
DeVos now runs the Windquest Group, but dedicates a lot of time now to the Dick and Betsy DeVos Foundation. Dick and his wife Betsy have backed a lot of charities through this foundation, and have supported non-profit groups and conservative think tanks. They have set up scholarships for children to attend schools of their choice, and have even built a charter school called the West Michigan Aviation Academy, where children can go not only to receive an education, but to learn about what pilots do and even get taken on plane rides.
Dick DeVos also has had a little bit of a political career, as he won election to the Michigan State Board of Education in the early 90s. He tried out for the gubernatorial race in 2006, only to be beat by incumbent Jennifer Granholm. But he has continued working behind the scene to get conservative legislation passed.