Two Popular Medigap Plans Are Ending. Should You Enroll While You Can?

If you will soon turn 65 and be applying for Medicare, you should carefully consider which Medigap policy to enroll in because two of the most popular plans will be ending soon. In 2020, Medicare beneficiaries will no longer be able to enroll in Plans F and C.

Between copayments, deductibles, and coverage exclusions, Medicare does not cover all medical expenses. Offered by private insurers, Medigap (or “supplemental”) plans are designed to supplement and fill in the “gaps” in Medicare coverage. There are 10 Medigap plans currently being sold, identified by letters. Each plan package offers a different combination of benefits, allowing purchasers to choose the combination that is right for them.

Plans F and C are popular Medigap plans in part because they both offer coverage of the Medicare Part B deductible. Enrollees in Plans F and C do not have to pay the deductible. Plan F, the most comprehensive Medigap plan currently available, also pays for all doctor, test, and hospital fees. Plan C is similar, but it does not cover the excess fees that doctors charge over Medicare’s limits. According to the Kaiser Family Foundation, 53 percent of Medigap enrollees have either plan F or plan C.

As a result of legislation passed by Congress in 2015, starting in 2020 Medigap insurers will no longer be allowed to offer plans that cover the Medicare Part B deductible – in other words, Plans F and C. (“Critics argue that Plan F makes it too easy for people to go to the doctor without thinking twice about the cost,” observed the Chicago Tribune.) However, people currently enrolled in Plans F and C, as well as those who buy policies before 2020, may keep their F and C coverage for the rest of their lives.

Although his appears to offer an incentive to “lock in” these two comprehensive plans while you still can, before enrolling in Plans F or C new Medicare beneficiaries should consider the risk. While the plans are comprehensive, without new enrollees after 2020 experts warn that premiums may go up. As the enrollees in Plans F and C age and get sicker, the companies offering Plans F and C may experience more costs that won’t be offset by new younger, healthier enrollees. An alternative is Plan G, another comprehensive plan that does not cover the Part B deductible. But some experts believe that premiums will rise for this plan, too, as more beneficiaries in poor health enroll in it.

The choice of Medigap plan is important because once you choose one, it is difficult to switch. Medigap plans cannot consider pre-existing conditions when you enroll during the open enrollment period, which is a six-month period that begins on the first day of the month in which you are 65 or older and enrolled in Medicare Part B. But if you don’t enroll during the open enrollment period, there is no guarantee that the insurance company won’t charge you more for a pre-existing condition.

Before choosing a Medigap plan, you should weigh your need for comprehensive coverage with the risk of higher premiums. With the imminent phase-out of Plans F and C, it’s a tough choice and there are no easy answers. For more information from the Chicago Tribune about what the elimination of plans F and C means for consumers, click here.

Original Article: https://www.elderlawanswers.com/two-popular-medigap-plans-are-ending-should-you-enroll-while-you-can-16471

Original Date: Dec 22 2017

Learning The Ins and Outs Of Medicare Supplemental Insurance

Tennessee Medicare Supplemental Insurance Policies are available for individuals who reside in the state and are currently receiving benefits from the federal Medicare program including both Medicare Part A and Medicare Part B.  These supplemental plans, also referred to as Medigap Plans, are designed to pay the costs for the services that Original Medicare does not cover.  Most residents on Medicare opt to purchase one of these plans due to the out of pocket costs that beneficiaries incur.

For example, a beneficiary who only receives Medicare and has no supplemental policy has an incident occur where they are in the hospital for six months.  Medicare alone does not pay for extended hospital stays so that patient will be stuck with an insanely huge hospital bill to pay out of pocket for.  To avoid this scenario, participants of Original Medicare can purchase one of the Tennessee Medicare Supplemental Insurance Plans that are available to residents to make their medical expenses more manageable.

Tennessee Medicare Supplement Plans

Tennessee Medicare Supplemental Insurance Providers must be licensed in the state to offer them.  When Medicare recipients enroll in a plan they won’t have to worry about covering the 20% of medical costs that are not covered by Medicare.   At most, beneficiaries who have purchase a policy will only be required to pay a small co-payment or just the premium.

TN Medicare Supplemental health plans also cover extend hospital stays as well as long term stays in a nursing facility.  Additionally, these plans will also cover deductibles that are difficult to meet due to financial constraints.  On the other hand, Tennessee supplement plans cannot serve as standalone coverage, as they are only designed to supplement the benefits offered by Medicare.  Original Medicare doesn’t cover prescription drugs either.  Beneficiaries are required that a separate Medicare drug plan be purchased for that purpose.

Beneficiaries Under 65 in Tennessee have Medicare Supplemental Options

Not all states will require carriers to offer supplemental insurance plans to those receiving Medicare benefits that are under the age of sixty five.  Thankfully, the state of Tennessee Medicare Supplements includes all 10 plan options.  The difference between these plans when your under sixty five compared to over sixty five are the rates, contact one of the Tennessee’s senior Medicare agents today to find out more information.

Learn More About Us

Learn more about Tennessee Medicare Supplemental Insurance rates, plans, and more at http://www.emedicare-supplemental-insurance.com/tennessee-medicare-supplement-plans. Our Tennessee Medicare Supplemental Insurance brokers will help you compare Medicare Supplemental Insurance rates and plans.  To talk to an expert in Tennessee Medicare coverage toll free 877-202-9248 today!

 

Medicare Supplement rule amended for beneficiaries under age 65

BOISE, Idaho — The Idaho Department of Insurance would like to remind Medicare beneficiaries who are under the age of 65 that they are eligible for a six-month open enrollment period and may now purchase a Medicare Supplement (aka Medigap) policy as early as Jan. 1, 2018.

Medigap coverage can help pay some, or all, of the health care costs that original Medicare does not cover, such as copayments, coinsurance and deductibles. During an open enrollment period the beneficiary cannot be turned down for coverage. Beneficiaries under age 65 who already have a Medigap policy are also eligible for the open enrollment period and may change policies without underwriting or denial.

Although the Medicare Annual Election Period ended Dec. 7, the Medicare Advantage (MA) Disenrollment Period, which is Jan. 1 to Feb. 14, may be an option for those wishing to leave their Medicare Advantage plan and purchase a Medigap policy. During the MA Disenrollment period, eligible beneficiaries switching from an MA plan to original Medicare will also have an opportunity to purchase a Part D plan by Feb. 14.

The Department’s Senior Health Insurance Benefits Advisors (SHIBA) counselors are available to answer questions and provide information to all Idahoans who are eligible for Medicare coverage. Consumers are also encouraged to consult with a licensed insurance agent before purchasing coverage.

Original Source: https://www.rexburgstandardjournal.com/news/idaho/medicare-supplement-rule-amended-for-beneficiaries-under-age/article_67fbe2ac-4e47-5ef4-98a5-66feabc9aa3e.html

Original Author: Idaho Department of Insurance press release

Original Date: Jan 1 2018

Step By Step Process To Enroll in Michigan Medicare Supplemental Insurance Plans

Insurance has dependably been the best accessible choice to give sufficient security and exhaustive scope to life for inconspicuous emergency and medicinal spending. The individuals who have insurance would get a comprehensive care of all their medicinal needs. Like different states of the country US, Michigan likewise gives astounding Michigan Medicare Supplemental Insurance Plans. It guarantees a superior life and legitimate scope for its nationals, particularly the old individuals, through Medicare supplement health insurance plans. The senior nationals in the Michigan will profit bring down medicals charges, extra livens and advantages to take complete care of their health and wealth.

Enrollment Steps

Medicare supplement insurance plans are effortlessly accessible through this state and a developing number of organizations have been putting forth such plans. Particularly intended for particular age individuals, such plans would expect individuals to meet an insurance strategy of rules and standards to lead a peaceful and glad life. The step by step processes to enroll in Michigan Medicare Insurance Plans are:

  • First, ask and learn about the different parts of Medicare Supplemental Insurance Plans.
  • Find out the best plans and know when you can get Medicare benefits
  • Decide if you specifically want Part A and Part B
  • Choose your coverage
  • Sign up for Medicare and keep in touch with insurance expert
  • Learn about other necessary facts for your first year with Medicare

Ask the Experts

You just have to follow above mentioned steps to choose Michigan Medicare insurance without any worry. These steps are easy to follow and just require proper time and knowledge. You can ask any expert about your chosen plan and compare different companies to save your time and money.  Likewise, keep in mind that whether you meet all requirements for Michigan Medicare supplement insurance plans or not, a visit to any nearby Medicare office would draw out the truth. More often than not, the applicants need to join with a Medicare health plan for that commences through open enlistment period toward the end of the year. Directly after the enlistment, individuals would be qualified for benefit an assortment of administrations to take huge care of their restorative needs and all health needs. Every state in the US offers a similar insurance for the sake of its nationals. However few administrations and advantages may change over the states.

Gaining The Best Coverage

Supplement health insurance plans could be profited at moderate costs by considering a significant number of its features and advantages. Before taking the plans, perspectives like the use of remedies, medical condition, and other necessary details must be explored keeping in mind the end goal to gain the best accessible Michigan Medicare Supplemental Insurance Plans. The objective ought to take out the ideal level of insurance approach scope so any serious circumstance is taken care of easily. When you can adequately manage your health costs and bills, you can welcome a pleasant future without worries of charges.

Learn more about Michigan Medicare Supplemental Insurance rates, plans, and coverage at http://www.emedicare-supplemental-insurance.com/michigan-medicare-supplement-plans.  Our Michigan Medicare Supplemental Insurance brokers will help you compare Supplemental health Insurance rates and plans. To talk to an expert in Michigan Medicare coverage call toll free at 877-202-9248!

Tennessee State Medicare Facts

  • There are over 1.2 million residents receiving Medicare benefits in 2015 – That is 19% of the entire state population
  • 21% of beneficiaries that became eligible in 2013 were disabled
  • A little less than 1.0% of recipients that started receiving benefits in 2013 were diagnoses with End State Renal Disease (ESRD)

Choosing the Correct TN Medicare Supplemental Insurance for Your Needs

When you are shopping for Tennessee Medicare Supplemental Insurance rates it is critical that you get as many quotes as possible from as many companies as you can.  While there are only ten standardized policies across the board, companies will charge different rates for the same plans.  Also, know that plans offering lower monthly premiums have higher deductibles.

In addition, you may pay more depending on where in Tennessee you reside as prices can vary from county to county. All ten of the plans offer different benefits and it is imperative that you select the one that will best fit your need.  If you spend a lot of time in the hospital and need to purchase a great deal on medical supplies, then you will benefit for a plan with a low deductible.

Shopping for Supplemental Insurance in Tennessee with a Pre-Existing Medical Condition

If you are shopping for Medicare Supplemental Insurance plans in Tennessee and have a pre-existing condition you will want to familiarize yourself with each company’s guidelines regarding coverage of individuals who suffer from a pre-existing health problem.  Some companies require that beneficiaries wait six months until coverage for the condition can begin while others only require a two or three  month waiting period.  This waiting period can be avoided all together by enrolling in a Supplemental Insurance Plan during your open enrollment period, otherwise known as OEP.  This is the period between the first day of the month in which you turn sixty five and are enrolled in Original Medicare Part A and Part B.  The time frame for your Open Enrollment Period, OEP, is six months.

Contact Us Today

Learn more about Tennessee Medicare Supplemental Insurance rates, plans, and more at http://www.emedicare-supplemental-insurance.com/tennessee-medicare-supplement-plans. Our Tennessee Medicare Supplemental Insurance brokers will help you compare Medicare Supplemental Insurance rates and plans.  To talk to an expert in Tennessee Medicare coverage toll free 877-202-9248 today!

Does Medicare Cover Nursing Homes?

Bad news: For the most part, no.

It’s estimated that 70% of seniors 65 and over will need some type of long-term care in their lifetime, and that includes nursing home stays. Now if you’re eligible for Medicare, you might assume that if you wind up in a nursing home, your costs will mostly be covered. But actually, that’s not true. Unfortunately, there are a lot of services traditional Medicare doesn’t cover, and nursing home care is one of them. If you really want to protect yourself from this potentially colossal expense, then you’ll need to consider investing in long-term care insurance.

What Medicare will cover

There’s a difference between needing a nursing service to assist you with a medical issue or recovery versus needing constant custodial care. Under Medicare Part A, you’re typically covered for care in a certified skilled nursing facility if that care is medically necessary. But that also assumes that your condition is expected to improve over time.

Man in scrubs tending to senior male with food in front of him

IMAGE SOURCE: GETTY IMAGES.

On the other hand, if your needs fall under the blanket of what’s known as custodial care, you typically won’t be eligible for coverage under Medicare. Custodial care refers to the things you need to do to function daily, like bathing and getting dressed. If that’s really the only type of care you need, then Medicare generally won’t pay for it. Rather, it’ll be on you to cover the cost of a nursing home, where you’ll get the assistance you need with all things related to daily living.

How much of an expense might you be looking at? Get ready, because it’s a hefty one. According to Genworth Financial, the average nursing home stay will run you $225 per day, or $82,125 per year, and that assumes you’re willing to bunk with a roommate. If you’re not, then prepare to pay even more — a private room costs $253 per day, or $92,345 per year, on average.

Fortunately, there is a way to defray the cost of an extended nursing home stay, and it’s to buy long-term care insurance. And the sooner you apply, the more affordable that insurance will be.

When to apply for long-term care insurance

If long-term care insurance were free or inexpensive, more people would no doubt have it. Unfortunately, it isn’t cheap. The average 60-year-old couple, for instance, pays a premium of roughly $3,400 per year. On the other hand, if you apply for a policy when you’re relatively young, and when your health is relatively strong, you’re more likely to not just get approved but snag a lifelong discount.

The American Association for Long-Term Care Insurance reports that more than half of applicants in their 50s qualify for health-based discounts on their premiums, but that number drops to 42% for applicants in their 60s and 24% for those in their 70s. The lesson here? If you’re thinking of getting long-term care insurance, don’t wait too long. Otherwise, be prepared to pay more.

Of course, even with insurance, you’ll still see your fair share of costs if you end up needing to live in a nursing home for several years. However, the financial blow will be far less significant.

What about Medigap?

Medigap, also known as Medicare Supplement Insurance, is designed to cover some of the costs Medicare itself won’t pay for. But if you’re thinking of getting Medigap to help defray the cost of a nursing home, think again — most plans don’t cover nursing homes.

So what can you do to protect yourself from the whopping cost of a nursing home in the absence of long-term care insurance? Save as much as you can during your working years so that you have more income available in retirement. If you start saving early on in your career and end up retiring with a few million dollars, the idea of spending $82,000 to $92,000 on a nursing home for three or four years may not be quite as daunting.

No matter what plans you make to account for the cost of long-term care, don’t make the mistake of assuming Medicare will pay for it. In fact, you should familiarize yourself with all of the services Medicare does and doesn’t cover. This way, you’ll know how to save appropriately and avoid surprises when you’re older.

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Original Source: https://www.fool.com/retirement/2017/12/13/does-medicare-cover-nursing-homes.aspx

Original Author: Maurie Backman

Original Date: Dec 13 2017

 

Medicare and the Medicare advantage enrollment periods are over

Your time is up as of Dec. 7 to get a new Medicare Advantage program or convert to a lower cost one. However, you can still lower your Medicare Supplemental Insurance costs by speaking with a licensed Health Insurance professional. Twenty insurance companies in New Jersey are offering MedSupp’s from Plan F to Plan N, including High Deductible “F” that will lower your Medicare Advantage program and you can see any doctor that takes the RED, White, and Blue Medicare card. NO Exclusions!

If you are paying more than $100 per month for your premium and visit your Medicare professionals less than once per month, you should be able to save a lot of your out-of-pocket dollars each year.

If your premium has a deductible for over $2,200 per year, you too can save money. If you are healthy and really do not see a medical professional frequently, then see a licensed health insurance professional who can show you different plans from other than the companies that advertise on TV, Radio, in the mail and in print, and drive their rates, your premiums to a point where you do not get the values from the insurance company that you deserve.

Don’t overpay! I have seen people who purchase a MedSup plan for $225 per month ($2,700 per year) and see their doctors eight times per year with $20 out of pocket co pays. That totals $2,860. Does that make sense when there are many other MedSupp companies that are offering premiums as low as around $700 per year and 20 percent co-pays? Do the math. ($2,700 – $860)

Once you receive Part A, because you turned 65, and purchase Part B, now that you are not being covered by an employer, it’s time to look at what a MedSupp/Donut hole program could do for you. After you pay the initial $186 annual deductible this year to Medicare, you will be responsible for the potentially thousands of dollars for medical coverage that Medicare does not cover. Can you afford that?

Look into a Medicare Supplemental program, NOT sponsored by those companies that advertise on radio, TV, in magazines or the US Mail. Why? Because they spend MONEY for advertising and not on lowering their MedSupp Premium. Remember, hospitals, doctors and even the insurance company itself can drop a Medicare Advantage program whenever it wants to and the policy holder is left out in the cold. If that be the case, they would need to apply and fill out a new medical questionnaire, etc., and if you got sick before the renewal, they might not approve the new policy. Remember, purchase a guaranteed renewal policy from a A+ rated insurance company with customer service right here in the USA. Good luck.

Original Source: http://www.centraljersey.com/health/medicare-and-the-medicare-advantage-enrollment-periods-are-over/article_539fe426-d5b8-5685-a74f-9b108656b3b0.html

Original Date: Dec 5 2017

Original Author: Paul Onish

 

Comparing Medicare Supplemental Insurance Plans In Tennessee

Medicare supplemental insurance is medical insurance which gives extra scope to the individuals who are already on Medicare. The most widely recognized of which are known as Medicare Plan A and Plan B and many organizations offer more than 100 distinctive health care coverage choices. Many individuals think you can just change Medicare Supplemental Plans amid the yearly enlistment time frame, which starts in November. However, this isn’t the truth. Such Annual Enrollment Period (AEP) is just for individuals who need to select or leave the Medicare Advantage Plans. In the event that you have perfect health, you can switch your Medicare Supplement Plan whenever. So, the real purpose of all plans of Medicare insurance is just the fulfillment of the clients in all conditions.

Researching the Diverse Insurance Companies

To have the capacity to pick the correct company and plan, you need required data. That implies data about the accessible choice and has a comprehension of what you require. On the off chance that you don’t pick the correct Medicare Supplemental health Insurance plan then you will wind up burning through cash. When you are going to compare, it should be among the suppliers and between their offers too. For these, you need to take enough learning time and apply it to the correct approach. The correct one will pay for whatever it is that you require. After you realize what strategy you need, the following stage is checking what insurance organizations have it and the amount they charge. Diverse organizations charge a number of different costs for similar things. Furthermore, while choosing Tennessee Medicare Supplemental Insurance Plans make sure to consider whether they are an organization that is monetarily steady, one that has a quality record of good client benefit before choosing. Utilizing a trustworthy insurance organization will guarantee that any demands that you make will be taken care of easily and adequately. In below, we are presenting data about few organizations which are offering Comparing Medicare Supplemental Insurance Plans in Tennessee.

  • eMedicare-Supplemental-Insurance.com

It is a well known private company which is offering plan G type Medicare insurance. Anyone with the above 65 can be enrolled. According to this private company, the plan G insurance is one of the best among ten standardized plans offered by us to residents in Tennessee. This company is giving many advantages and benefits and comes with affordable cost estimates. At its site, complete detailed information about its policies is available which can be understood easily.

  • eMedigap-Plans.com

It is another well recognized private Medicare company which is licensed in Tennessee. It offers many plans to choose according to one’s need. It also provides additional benefits which include dental, hearing, and vision paid charges. It is the amazing company where anyone can compare and select the best plan among many Tennessee Medicare Supplemental Insurance Plans easily and effectively.

 

Learn more about Tennessee Medicare Supplemental Insurance rates, plans, and more at http://www.emedicare-supplemental-insurance.com/tennessee-medicare-supplement-plans. Our Tennessee Medicare Supplemental Insurance brokers will help you compare Medicare Supplemental Insurance rates and plan.  To talk to an expert in Tennessee Medicare coverage toll free 877-202-9248 today!

5 Medicare Changes for 2018

Find out what’s different and what’s the same for Medicare participants in the coming year.

Medicare is one of the most popular government programs available to Americans because of the healthcare services it offers to older Americans. Each year, program participants have to prepare for the annual changes that happen with Medicare. 2018 will see some provisions of Medicare change while others remain the same, and there’s also the possibility of further changes occurring mid-year. Let’s look at four Medicare changes that are sure things for 2018 and then turn to a possible change from healthcare reform efforts.

1. Some (but not all) Medicare premiums are on the rise

Medicare premiums typically go up each year in line with the rising cost of healthcare. Yet 2018 is unusual, because some premiums that Medicare participants pay will stay the same.

Most people get Part A hospital insurance coverage free of charge as long as they had at least 10 years of work at a job that paid into the Medicare system or are married to someone who did. Those who didn’t though, will pay either $232 or $422 per month, depending on whether they had at least 30 quarters of qualifying work or not. Those numbers are up $5 and $9, respectively, from 2017 levels.

Paper on clipboard saying Medicare, with stethoscope nearby, all on a wood table.

Image source: Getty Images.

Part B medical insurance premiums are slated to stay the same at $134 per month. However, some Medicare participants have paid less than that $134 in past years because of the hold-harmless provisions of the program. Most of those who paid an amount below $134 in 2017 can expect their monthly premiums to climb to $134 in 2018.

2. Some (but not all) Medicare deductibles will climb

Medicare also charges deductibles that participants have to pay before further coverage kicks in. Those amounts typically go up each year, but as with premiums, 2018 will be a bit unusual.

Part A deductibles will rise, with the hospital stay deductible rising $24 to $1,340. However, the annual deductible for Part B expenses will stay the same at $183 for the year.

3. Coinsurance payments for hospital and skilled nursing stays will go up

Under Part A, participants typically get full coverage after covering their deductible for a certain length of time, but beyond that, they have to make contributions toward their care costs. In 2018, Medicare participants will have to pay $335 per day as coinsurance for hospital stays that last longer than 60 days but are no more than 90 days. That’s higher by $6 from 2017’s numbers. Beyond the 90th day, Medicare participants can use up to 60 lifetime reserve days, but they’ll need to pay $670 per day in coinsurance to do so, up $12 from 2017.

Skilled nursing facility rules are a bit different. Up to 20 days come at no cost, and beyond that, days 21 to 100 get charged a $167.50-per-day coinsurance payment, up $3 from 2017. After day 100, no further coverage is available, forcing participants to cover costs themselves or seek payments from a supplemental Medicare policy if they have one.

4. Income brackets for means-based surcharges will change

Medicare has a base premium for Part B coverage, but those who make above certain income thresholds pay an additional amount. For 2018, the surcharge ranges from $53.50 to $294.60 per month, which is the same as it has been in the past.

What’s different are the income brackets at which various surcharges apply. The table below shows the old and new brackets for various premiums for individuals:

For this Medicare premium surcharge: The 2017 bracket was: But the 2018 bracket will be:
$53.50 $85,000 to $107,000 $85,000 to $107,000
$133.90 $107,000 to $160,000 $107,000 to $133,500
$214.30 $160,000 to $214,000 $133,500 to $160,000
$294.60 Over $214,000 Over $160,000

Data source: Medicare.

The corresponding income limits for joint filers is double the amounts listed above. The net impact is that some high-income retirees will fall into higher surcharge brackets than they were in for previous years, raising their overall costs.

5. Lawmakers could make other changes in conjunction with healthcare reform

Most of the healthcare reform efforts recently have centered on changing or eliminating provisions of the Affordable Care Act. However, there are a few situations in which Medicare could be affected by what lawmakers are doing.

For instance, some policymakers have pointed to the need for Congress to comply with pay-as-you-go rules in connection with their tax reform efforts. If the bill that passes through the House and Senate and doesn’t comply with pay-as-you-go, then it could trigger Medicare cuts of as much as $25 billion. Lawmakers will have the ability to change the rules to avoid the automatic cut. But if they don’t, then funding reductions could cause havoc.

Medicare changes every year, but this year’s situation is especially volatile. Although the regular changes to Medicare aren’t all that substantial, the threat of bigger reform efforts could play a major role in defining the program’s success in 2018.

Original Source: https://www.fool.com/retirement/2017/12/05/5-medicare-changes-for-2018.aspx

Original Author: Dan Caplinger

Original Date: Dec. 5 2017

Looking to Buy Medicare Supplemental Insurance In Arizona

To purchase Medicare Supplemental Insurance plans in Arizona, you need to qualify for Part A and B of Medicare. Most of you will plan to enroll in both parts of Original Medicare around your 65th birthday. This is an ideal time to consider enhancing your hard earned benefits with a Arizona Medicare supplement insurance plan. Some companies will even allow you to apply a few months early. This is to be certain you have health coverage in place when you turn 65.

Original Medicare Parts A and B

Some people are not sure on when they get parts A and B and that’s okay, we are here to help. You can always check out medicare.gov for that information. But, usually there are two ways to obtain these plans. The 1st one is you automatically get it. The other option is you have to sign up for it. It all depends if you are getting social security benefits. If you are not sure chances are you will have to sign up for it.

When to start looking at Arizona Medicare

You should start looking at AZ Medicare usually a few months before you turn 65. You want to know your options so when you turn 65, you can get the coverage you need and want. However, you have a 7 months to decide on a plan. 3 months before your 65th birthday, the month of your birthday and 3 months after that. So you are in no rush, but just a warning they do charge a late enrollment penalty.

Missed Medicare enrollment on your birthday?

If you didn’t get a chance to sign up on your birthday no worries! You can always sign up between January 1 through March 31. Keep in mind you will more than likely be charged a few or a higher premium.

I have Medicare Part A and B, now what?

You should know or have already heard that these two parts don’t always cover everything. That’s why private insurance companies sell a “Medicare Supplemental Insurance” commonly known as Medigap. Yes, this type of insurance has many names; we even call it Medsup (short for Medicare Supplemental). You can view our Medicare Medigap guide for more information. Don’t be scared away when we say private insurance companies. These plans are still regulated by the federal government.

Private Insurance Companies?

Blue Cross Blue Shield, Aetna, Priority Health, United Healthcare (AARP), Humana all sell this type of insurance. There are even more companies these are just a few popular ones. We have access to these companies and even more to get you the best Medicare Supplemental Insurance rates! Remember when we said these plan are regulated by the government? Keep in mind that the pricing or premiums are different. Each company will sell the same plans, but the prices will be different! That is why we look over different companies, and is how we get you a great Medigap rate.

More information about Arizona Medicare Supplemental Insurance Plans

The internet is full of information; sometimes this information is not correct. In order to best serve you in researching these supplemental plans, we recommend you call us! We are licensed to sell Arizona Medigap plans. That’s right, one think to keep in mind is these companies need to be licensed to sell in certain states like Michigan, Tennessee, Arizona, and Arizona. You can also visit these reliable sites.

As always you’re more than welcome to call us. We can recommend a plan that fits your health care and budget. We can answer any questions you might have on Medicare or Supplemental Insurance policies in Arizona. Call toll free at 877-202-9248!

You can also learn more about Arizona Medicare Supplemental Insurance rates at www.emedicare-supplemental-insurance.com/arizona-medicare-supplement-plans.