Speak with a licensed insurance agent:
Medicare supplement insurance is health insurance sold by private insurance companies to help fill the "gaps" in Original Medicare. It can offer Low to no out-of-pocket costs, no networks (Keep your doctor that accepts Medicare patients), and its guaranteed renewable coverage in most cases.
A Medicare supplement policy, sometimes called Medigap is different from a Medicare Advantage Plan, and policies don’t cover prescription drugs. Medicare Advantage Plans bundle your Hospital (Part A), Medical (Part B), and usually drug coverage (Part D) into one plan. Most Medicare Advantage Plans also offer extra benefits that Medicare doesn’t cover, like vision, hearing, dental, and more.
A Medigap policy helps lower your share of costs for approved Part A and Part B services when you have Original Medicare. If you want drug coverage, you can join a Drug Plan (Part D) in addition to buying a Medigap policy.
Medigap only works with Original Medicare. Medicare pays its share of the approved service, and then your Medigap policy helps pay your share. You can’t get a Medigap policy if you have a Medicare Advantage Plan, unless you switch back to Original Medicare.
You need both Medicare Part A and Part B to buy and keep a policy.
The best time to get a policy is during your Medigap Open Enrollment Period. It’s the 6-month period that starts the month you turn 65 and you first have both Medicare Part A and Part B. During this time, you can buy any Medigap policy sold in your state, even if you have health problems.
If you’re under 65, you may not be able to buy a Medigap policy, or you may have to pay more.
After your Medigap Open Enrollment Period ends, you may not be able to buy a policy. If you're able to buy one or want to switch policies later, it may cost more.
You may have Medigap protections, called guaranteed issue rights, in certain situations when insurance companies must offer you certain Medigap policies.
There are 10 standardized plans. Each plan offers different levels for how much of your costs they’ll pay for. They’re named by letter, like Plan A, and Plan B. Not all plans are offered in every state.
If you live in Massachusetts, Minnesota, or Wisconsin, your state offers different standardized plans.
You'll keep your policy, even if you have health problems, as long as you pay your Medicare supplement policy and Part B premiums.
When determining whether a Medicare supplement or Medicare Advantage plan is best for you, it’s important to consider your individual healthcare needs, preferences, and budget. Here are a few factors to consider:Coverage: Medicare Advantage plans, also known as Part C, are comprehensive plans that typically include coverage for medical services, prescription drugs, and sometimes additional
Read MoreDo you think you know Medicare inside and out? We put together a challenging 10-question Medicare quiz to test your knowledge. Many who take it are surprised by how much they still have to learn. This quiz covers the basics of Medicare Parts A, B, C and D, as well as Medicare Supplement plans. It also
Read MoreIntroduction Medicare Supplement plans, also known as Medigap, are private health insurance plans designed to fill the gaps in Original Medicare coverage. These plans can provide added benefits such as coverage for deductibles, coinsurance, and other out-of-pocket costs. However, it is important to understand the flexibility of these plans and the process of changing or dropping
Read MoreWhat is Medicare?Medicare is a federal health insurance program that provides coverage to millions of Americans aged 65 and older, as well as individuals with certain disabilities. Understanding Medicare eligibility is crucial to ensure you can access the healthcare benefits you need. In this guide, we will explore the age and qualification requirements for Medicare,
Read MoreWhat is Medicare Extra Help?Medicare Extra Help, also known as the Low Income Subsidy (LIS), is a federal assistance program that helps pay for prescription drug costs for people with limited income and resources. The Extra Help program, administered by the Social Security Administration, provides financial assistance for Medicare beneficiaries who have Part D prescription
Read MoreIntroduction At Lehigh Partners, we are committed to simplifying Medicare for residents of Bethlehem, PA. We know that navigating Medicare options can be complex and confusing. That’s why our experienced, independent brokers are dedicated to making Medicare easier to understand. We take the time to listen to your specific healthcare needs and preferences. Our goal
Read MoreCall us
Call Lehigh Partners at 1-833-265-9655
Licensed insurance agents are available to help you through enrollment and beyond.
Tags
Medicare Supplement
As the population ages, there is an increasing need for specialized healthcare services catered towards seniors. Medicare, a federal health insurance program primarily designed for individuals aged 65 and above, plays a crucial role in providing affordable healthcare coverage. However, navigating through the complexities of Medicare can be overwhelming for seniors. This is where Senior
Read MoreAre you searching for the best Medicare insurance agency in Bethlehem? With a plethora of options available, it can be overwhelming to choose the right agency for your specific needs. In this comprehensive guide, we will walk you through the essential factors to consider and highlight some key characteristics of the finest Medicare insurance agencies
Read MoreSay goodbye to unpredictable out-of-pocket costs and get the peace of mind you deserve with a Medicare Supplement Insurance Plan.Medicare Supplement insurance puts you in control.Medicare Supplement insurance plans (also known as Medigap) work with Original Medicare to provide you with predictable out-of-pocket costs. This puts the financial control and planning for future medical expenses
Read MoreMedicare Part A is a part of Original Medicare that primarily covers inpatient hospital care, skilled nursing facility care, hospice care, and home health care. As with most insurance plans, Medicare Part A has certain deductibles and copayments that beneficiaries are responsible for paying before Medicare coverage kicks in. In this article, we will focus
Read MoreMedicare consists of various Parts, including Part A, B, C, and D. However, it’s important to note that the different lettered plans within Medicare Supplement coverage, such as Medicare Plan G, can sometimes lead to confusion and mistaken identification as Medicare Supplement Part G. In reality, it is Plan G that is being referred to,
Read MoreIf you’re 65 years old and enrolled in Medicare Parts A and B, you can apply for Medicare Supplement insurance. Even though Medicare beneficiaries can enroll in a Medicare Supplement plan at any time of the year, the best time to do so is during an open enrollment period that occurs within 6 months of your
Read MoreFinding Your Ideal Medicare Coverage: Utilize Our Free Medicare Worksheet Complete the Medicare Worksheet to determine which plan types best suit your needs. Choosing between Medicare Supplement and Medicare Advantage is a crucial decision. Our evaluation will assist you in making an informed decision. Lehigh Partners Senior Benefits Insurance Marketing is a licensed and certified representative
Read MoreWhen you initially enroll in Medicare and during specific periods throughout the year, you have the opportunity to select your preferred Medicare coverage options. This information can assist you in comparing different coverage options and making an informed decision about which coverage best suits your needs.When it comes to Medicare, it’s important to understand that
Read More