Typically, in Original Medicare, you are responsible for some of the costs regarding covered medical services. However, Medicare Supplement Insurance, commonly known as Medigap, is additional insurance that you can purchase from a private company to assist in covering your share of expenses.
Medigap policies, named A-N in most states, are standardized. Compare the benefits offered by each plan and select one that covers your specific needs.
Medigap plans provide different levels of coverage, from basic to comprehensive, including options like foreign travel emergency and Part B excess charges. Consulting a licensed insurance agent is helpful in selecting the right plan, considering that policies with the same letter from different companies have identical coverage but varying prices.
To obtain an accurate quote and ensure the most up-to-date pricing, reach out to a licensed agent from the insurance company. Prices can fluctuate based on factors like purchase timing and health conditions. When ready to purchase, consult with a Medicare specialist agent.
Firstly, Medicare Supplement insurance plans do not have any provider networks, ensuring applicability to any physician or hospital that accepts Medicare. Secondly, Plan A, B, C, F, G, K, L, and N's basic benefits remain consistent across every insurance company (refer to the chart below). However, selective companies, like Humana, may provide additional benefits. Take some time to reflect on the differences between companies, the quality of service and price to assess your options more thoughtfully.
To buy a Medicare Supplement plan, you must be enrolled in Medicare Parts A & B, you must live in the state where the policy is offered, and be age 65 or over or, in some states, under age 65 with a disability or end-stage renal disease.
In general, Medicare Supplement plans do not provide coverage for long-term care such as nursing home care, vision or dental services, hearing aids, private duty nursing, or prescription drugs.
The Medicare Supplement Open Enrollment period starts on the first day of the month when you turn 65 or older and are enrolled in Medicare Part B. In select states, you can purchase a plan from the very first day of your enrollment in Medicare Part B, even if you haven't reached the age of 65 yet.
If you meet specific criteria, such as applying during your Medicare Supplement Open Enrollment Period or qualifying for guaranteed issue, insurance companies cannot consider your medical history when determining your eligibility. Please note that regulations may differ in some states.
Licensed sales agents are ready to help guide you through the process of choosing the coverage that is best for you.
Call 1-833-265-9655
Plan G vs Plan N is one of the most common comparisons people make when reviewing Medicare Supplement coverage. If you’re turning 65 or reviewing your Medicare options, chances are you’ve heard of Plan G and Plan N. These are two of the most popular Medicare Supplement (Medigap) plans—and they both offer great coverage. But which one
Read MoreSecure My Medicare Coverage: Book My Appointment Today!Let our experts find your ideal Medicare plan for reliable coverage schedule My Appointment Planning for Your Health Care in RetirementWhat Medicare Part A covers and what it doesn’t: Thinking about health care is very important when planning for retirement. Three months before you turn 65, you can
Read MoreSecure My Medicare Supplement Coverage: Book My Appointment Today!Let our experts find your ideal Medicare supplement plan for reliable coverage schedule My Appointment Choosing the Right Medicare Supplement Insurance Plan for PurchaseBuy Medicare supplement insurance: When you’re about to turn 65, it’s important to pick the right Medicare supplement insurance plan for buying. Before making
Read MoreUnderstanding Your Medicare Coverage Options: Once you have enrolled in Part A (Hospital Insurance) and Part B (Medical Insurance) of Medicare, you have the flexibility to select the type of health coverage that best suits your needs.Option 1: Choosing Between Original Medicare and Medicare AdvantageWhen seeking Medicare coverage, there are two primary alternatives available to
Read MorePart I: What is Medicare?Medicare is a health insurance program run by the government in the United States. It helps older people, some younger folks with disabilities, and people with severe kidney issues get medical coverage. Medicare started in 1965 to make sure people have access to the healthcare they need.The History of MedicareMedicare became
Read MoreIn today’s population, many baby boomers are reaching retirement age and enrolling in Medicare to ensure comprehensive healthcare coverage. As more and more of this demographic seeks quality healthcare options, interest in Medicare Advantage plans – commonly known as Part C of Medicare – has seen a significant uptick. Understanding the basic features and benefits
Read MoreCall us
Call Lehigh Partners at 1-833-265-9655
Licensed insurance agents are available to help you through enrollment and beyond.
Tags
How is Medicare Advantage Open Enrollment different from Medicare Annual Enrollment?When it comes to Medicare, there are multiple enrollment periods throughout the year that beneficiaries need to be aware of. Two of the most important enrollment periods are the Medicare Annual Election Period (AEP) and the Medicare Advantage Open Enrollment Period (OEP). While these two
Read MoreTypically, in Original Medicare, you are responsible for some of the costs regarding covered medical services. However, Medicare Supplement Insurance, commonly known as Medigap, is additional insurance that you can purchase from a private company to assist in covering your share of expenses.List of Steps Step 1Learn about the different plan typesMedigap policies, named A-N
Read MoreExploring Foreign Travel Emergency Coverage with Medicare Supplements Traveling overseas is an exciting experience, but it’s crucial to prioritize your health and well-being while exploring new destinations. One aspect to consider is how travel insurance works with Medicare, especially when it comes to foreign travel emergency coverage with Medicare supplements. In this article, we will delve
Read MoreWhen it comes to navigating the intricate world of healthcare, one thing becomes abundantly clear – there is no one-size-fits-all solution. This rings particularly true for Medicare plans and Medicare supplement policies. The effectiveness of these offerings varies significantly based on individual needs, making personalized coverage an essential element in ensuring comprehensive and tailored care. Medicare,
Read MoreOnce upon a time in the land of the internet, there lived a confident and tech-savvy individual named Jerry. Jerry had just turned 65 and was excitedly exploring his options for buying Medicare insurance online. Armed with his extensive Google research, he believed he knew more than any insurance agent out there.Jerry had just turned
Read MoreAre you looking for a Medicare plan that goes beyond what traditional Medicare offers? Look no further! Medicare Advantage Plans are here to transform your healthcare experience, providing comprehensive coverage, added benefits, and convenience all in one package. Enroll online today and take control of your health and well-being!Discover the benefits of enrolling in the
Read MoreMedicare and Medicaid are two separate, government-run programs. They are operated and funded by different parts of the government and primarily serve different groups. Medicare Medicare is an insurance program. Medical bills are paid from trust funds which those covered have paid into. It serves people over 65 primarily, whatever their income; and serves younger
Read MoreMedicare Plan Checklist, is a simple tool that could help you decide whether you may want to look for a different plan
Read More