Coventry Health Care, Inc. is a national managed health care company that operates insurance companies, network rental services companies and workers’ compensation service companies.
Coventry Health Care was established in 1986 as a provider of managed health care services, offering members a wide choice of options, high standards of care, and affordable rates. Since its founding, Coventry has experienced dramatic growth, increasing membership and an expansion of its service areas. Over the last 25 years, Coventry has grown to achieve Fortune 500 status and now employs more than 10,000 people locally and nationally.
Coventry has built an impressive track record in serving Medicare beneficiaries. In January of 2006, Coventry was one of the nation’s first carriers to offer Medicare-approved Part D prescription benefits. Since then, Coventry Medicare has added Private-Fee-For-Service plans in 2007, further enhancing commitment to providing choice, value, and convenience to Medicare beneficiaries.
Coventry’s Medicare Plans include: Advantra, Advantra Freedom, AdvantraRx, and Advantra Savings.
Advantra is a Medicare insurance plan that brings together all of Part A (hospital), Part B (medical), and Part D (prescription drug) coverage with an in and out of network structure that people value in PPOs and HMOs.
Advantra Freedom is a Medicare Advantage Private-Fee-for-Service (PFFS) plan that provides Medicare benefits as well as some coverage for preventive care such as vision, dental, and hearing aids. You choose any provider who sees Medicare patients and agrees to accept Coventry’s terms and conditions of payments.
AdvantraRx can help you save a considerable amount on prescription drugs and Advantra Savings is a new Medicare Advantage plan that gives you more control over your out-of-pocket costs. This is a high deductible plan that protects you from disastrous medical expenses while also allowing you to use tax-free savings to pay for qualified medical expenses.