Medicare Part A and Part B help beneficiaries pay for many health costs, but they do not pay for everything. For example, not all possible medical services are even covered by either Part A or B. Even covered services might include copays, deductibles, and coinsurance costs. Many Medicare beneficiaries would rather predict and control their health costs, and that is why they purchase Medicare supplement plans.
Trusted Senior Specialists wants to help you find the right solution for your own health care needs and budget. You can use our free online Medicare health insurance quote form or call us at 1-855-474-6234 at your earliest convenience.
Our professional senior health insurance agents have helped thousands of people find out how to make the best use of their Medicare benefits, and they are eager to help you. Contact us at your earliest convenience to get questions answered and ask for help enrolling.
How much do Medicare Supplements cost?
Private health insurance companies sell Medicare supplement plans, and your premium could depend upon the insurer, where you live, your age and which level of coverage you choose. That means that the best Medicare supplement for you might not be the best one for your spouse, sister in another city, or even your neighbor down the street. We can offer you free competitive Medicare health insurance quotes from a number of top-rated health insurance companies.
How to choose the best Medicare Supplement Plans
Supplements work with original Medicare to fill in payment gaps, and that is why they also are sometimes called Medigap plans. Even though private companies market these plans, they are standardized into a variety of distinct benefit levels, and this makes them easier to understand than some types of long term care or health insurance plans that are not standardized at all.
These are some things to know about standardized Medicare supplement plans:
- Today, the levels are A, B, C, D, F, G, K, L, M, and N.
- You can find a chart with information about each Medicare plan level at the official Medicare.gov website.
- Insurers do not have to offer every plan level, but they must offer Plan A if they offer any plans. Additionally, they have to offer Plan C or Plan F if they offer any plan.
The levels are different because of medical services that they cover, and the best choice depends upon your needs. These examples should help you understand how the different levels provide different types and levels of coverage:
- Each plan covers Part A coinsurance and hospital costs up to an additional 365 days after Medicare benefits are used up.
- Only level C covers the Part B deductible.
- Some plans also cover emergency care outside of the United States, but foreign medical care is very limited under original Medicare.
What don’t Medicare Supplements cover?
Note that supplements do not cover most prescriptions, and you still need a Part D prescription plan or a Medicare Advantage plan that includes prescription drug coverage to get medication covered. Like original Medicare, Medigap plans do not cover most dental or vision services. Also remember that Medicare Advantage plans are different than supplements. Medicare supplement plans work with original Medicare to increase coverage, but Medicare Advantage gets used instead of Part A and B.
Let us help you find the best senior health insurance alternative
Seniors have to make a lot of choices about Medicare supplements, Medicare Advantage, and Part D prescription plans. It’s great to enjoy choices, but it can be hard for regular consumers to understand which plans will help them make the best use of their benefits. Contact Trusted Senior Specialists at your earliest convenience to find the right plan for your own medical needs and budget.