If you are in the original Medicare Plan, you may want to buy Medicare Supplement Insurance Plans health care insurance, also called Medigap. These plans help you pay for uncovered health care. If you currently have a Medicare Advantage plan such as a Medicare HMO you will not need to purchase a supplemental insurance policy. All Medicare Supplement Insurance Plans are sold by private companies and offer a variety of plan choices to fit your needs and budget. There are twelve standard Medicare Supplement Insurance Plans plans named A through L suited to fit your needs. Please use the chart on the right labeled “Comparison of Medicare Supplement Insurance Plans” for an easier understanding of plans A through L. Please note that some supplemental health care companies offer a “high deductible option” on plan F.
Medicare Select is an additional supplemental plan designed to cost less – however it requires you to go to selected doctors and hospitals for your care and it is not available in all states – for more information on Medicare Select, please give us a call at 866-900-1957.
Medicare Supplement Insurance Plans fills in the gaps with various healthcare benefits with variable prices. Keep in mind that all Medicare Supplement Insurance Plans plans must cover basic benefits.
Several states may have different standards of Medicare Supplement Insurance Plans healthcare, such as Massachusetts, Minnesota, and Wisconsin. Check with your state insurance department for guidelines for people with Medicare.
All Medicare plans with the same letter designation cover the same benefits – no matter what carrier is offering it. For example, all plan F policies cover up to part B excess charges. The premium may vary from carrier to carrier.
We strongly suggest running a free quote on our website so that you may compare plans before deciding which is best suited for you. Every Medicare Supplement Insurance Plans policy offers different benefits. For example, some plans may include deductibles and coinsurance while other plans cover some home health care and prescription drugs.
A deductible is an amount you pay for health care before Medicare begins to pay while coinsurance covers the amount you pay for your care after you pay the deductible.
Medicare Supplement Insurance Plans does not cover:
Long-term care to help you bathe, dress, eat or use the bathroom