Medicare Supplement Insurance
Medicare Supplement Insurance Plans
Since Medicare alone isn’t designed to pay for everything, Medicare Supplement plans are designed to pay for things that Medicare approves, but doesn’t completely pay for. Supplement plans have more coverage than Advantage plans.
Medicare Part D (prescription drug plans) is designed to help manage drug costs. They are sold separately from the supplement plans.
A Medicare supplement insurance policy, also known as a Medigap policy, helps pay your share (coinsurance, copayments or deductibles) of the costs of Medicare-covered services. Some Medicare supplement policies cover certain costs not covered by Original Medicare Parts A and B.
Companies Offer the Same Basic Benefits
Medicare supplement insurance companies can only sell you a standardized Medicare supplement policy identified by letters A through N. Each standardized Medicare supplement insurance policy must offer the same basic benefits, no matter which insurance company sells it. Cost and customer service are usually the only difference between Medicare supplement policies sold by different insurance companies.
When Can I Apply for Medicare Supplement Insurance Plan?
You can apply for a Medicare supplement insurance policy just about any time you’re eligible for Medicare and enrolled in Medicare part B, including when:
MEDICARE ADVANTAGE PLAN PART C
What are my Medicare coverage choices?
There are 2 main ways to get your Medicare coverage-Original Medicare or a Medicare Advantage Plan. Use these steps to help you decide which way to get your coverage.More Information Here!
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