What You Should Know About Medicare Supplement Plans in Texas

If you live in Texas, it is important that you find a Medicare coverage that fits your life and your lifestyle. However, some Texas beneficiaries of the Medicare insurance may find that their out-of-pocket expenses as well as the monthly premiums associated with the original Medicare, Part A, and Part B, tend to high and don’t offer the needed coverage. Medicare supplement plans in Texas help in covering these expenses and make your health-care coverage more affordable. Here are some of the things you should know about Medicare Supplement Plans in Texas:

Initial Enrollment Period

In Texas, the initial enrollment period for Parts A and B Original Medicare holders is seven months during a period surrounding their sixty-fifth birthday. This period starts three months prior to the month of your birthday and ends three months after. In other words, you are advised to enroll in a Medicare supplement plan for three months before and after your birthday.  This is your own personal open enrollment plan.

Special Enrollment Period

You can enroll in a Medigap insurance plan without medical underwriting for any of the following reasons:

  • Loss of coverage
  • If you moved to a new area or state
  • If you joined a Medicare Advantage Plan during the right eligibility period (with Medicare Part A and B and at the age of 65), and within the first year of joining the plan, you decide that you want to switch to the Original Medicare Plan.

Renewable At Any Time

Any standardized Medicare Supplement Insurance policy in Texas is renewable at any time whether you have a health condition or not. The plan cannot be canceled as long as you are paying the monthly premium to your insurance service provider.

Prescription Drug Coverage

Medicare Insurance plans sold in Texas after 1st January 2016 are not allowed to include prescription drug coverage. This means that if you want to cover prescription drugs, you will have to join the Medicare prescription plan, Plan D.

Eligibility with Medicare Advantage Plan

If you already have a Medicare Advantage Plan, you are eligible for a Medicare Supplement Insurance plan. However, you should make sure that you leave the Advantage Plan before your Medicare supplemental plan starts. You must also be a holder of the Medicare Part A and Part B coverage.

Insurance firms offering Medicare supplement plans in Texas may offer one or more of the ten different Medigap policies. Make it your responsibility to compare the different Medicare supplement policies available and choose one that meets your financial and health care needs.

Learn more about Texas Medicare Supplemental Insurance plans, rates and more at www.emedicare-supplemental-insurance.com/medicare-supplement-plans-texas.  Our Texas Medicare Supplemental Insurance brokers will help you compare Medicare Supplemental Insurance rates and plans in Texas.  To talk to an expert in Texas Medicare coverage toll free 888.404.5049 today!

Arizona Medicare Supplemental Insurance Plans

All American citizens who are eligible for Medicare are encouraged to enroll in Medicare supplemental insurance plans as these policies are designed to benefit them. Most beneficiaries are reaping the benefits of their investments. Do you live in Arizona? Have you signed up for Medicare supplemental insurance coverage in Arizona? Are you clueless on where to start? Well don’t stress any longer you have come to the right place, at the right time.

Here are vital details about Medicare Supplement Plans in Arizona:

Medicare supplemental insurance policies do not vary from state to state across the United States. Beneficiaries are encouraged to take Medicare coverage for their own benefits. Medicare coverage may cover copayments, hospice care, deductibles, and coinsurance. Arizona Medicare supplement insurance plans are designed to favor beneficiaries who wish to add extra coverage to their existing Medicare Part A and B coverage. It is worth mentioning that only beneficiaries with Original Medicare coverage can purchase Medicare supplemental insurance plans in Arizona.

Interested beneficiaries have the privilege of choosing a Medicare supplement plan that suits them from a wide variety of plans available in Arizona. All Medicare supplemental insurance policies in Arizona are classified by a standardized letter. The most commonly chosen plan in Arizona is Medigap Plan F. Medicare supplement insurance providers in Arizona are required to offer standardized benefits to their beneficiaries.  This means no matter who you buy Medicare supplement plan F from the coverage is exactly the same.

Medicare supplement insurance in Arizona varies in price depending on the company the insurance is purchased through. They also don’t cover additional health care such as dental, vision and hearing. However, Medicare supplement plans in Arizona may include coverage while traveling abroad.

Interested beneficiaries are required to sign up for Medicare supplement insurance within the stipulated six months during the Medigap open enrollment period in Arizona or upon initially receiving benefits. This enrollment period commences immediately you have celebrated your 65th birthday. The general requirement is that you are signed up for Medicare Part B. Insurance companies in Arizona are prohibited from denying coverage or even charging higher premium rates to beneficiaries during the six month Medigap open enrollment period. This rule is made possible by the pre-existing medical conditions agreement. Unfortunately beneficiaries who enroll in various Medicare supplemental insurance in Arizona after this period has expired are not protected from paying substantial monthly premiums and fees for late enrollment.

Medicare supplement policies in Arizona that fall under the same lettered plan may have varying costs for the exact same coverage.  Remember coverage for Medigap PlanF is the same no matter where it is purchased from.  For this, it is prudent for beneficiaries to make their choices carefully. If you are eligible for Medicare, it is recommended that you enroll for a Medicare supplemental insurance that meets all your health care and budge needs.

Learn more about Arizona Medicare Supplemental Insurance plans, rates and more at www.emedicare-supplemental-insurance.com/arizona-medicare-supplement-plans.  Our Arizona Medicare Supplemental Insurance brokers will help you compare Medicare Supplemental Insurance rates and plans in Arizona.  To talk to an expert in Arizona Medicare coverage toll free 888.404.5049 today!

Five Things to Know Before You Buy Medicare Supplement Insurance Plans in Michigan

Medicare supplement insurance plans in Michigan are similar to that coverage that is offered in other states within the US. These plans are designed to help in paying for the medical costs that are not paid by the Original Medicare coverage. In Michigan, there is the Michigan Medigap subsidy program that is administered by the Michigan Health Endowment Fund (MHEF) that aims at subsidizing your monthly Medicare premium. The subsidy from the fund is subtracted from the monthly premium you owe your insurance service provider. This means that your monthly premium will be lowered. The following are five things you should know before you buy Medicare supplement insurance plans in Michigan:

Eligibility

You are eligible for Medicare supplement insurance in Michigan if you are aged 65 years and above or have another qualifying condition. Additionally, you must have Medicare Part A, and Part B to be eligible to enroll for the Medicare supplement insurance policy. Other insurance coverage is available for people under the age of 65 but for you to enjoy the benefits of the Medigap insurance in Michigan you must meet the required age limit or have another qualifying condition.

Offered by Private Insurance Companies

Medicare supplemental insurance is offered by private insurance companies. The federal government has allowed insurance companies to offer these insurance policies to private individuals. However, there are rules and regulations on how and whom they can issue Medicare supplemental insurance plans to. Check with the state of Michigan to find out which insurance companies offer Medigap insurance policies and if you are suitable for the plan or not.

Only Cover One Individual

Medigap policies do not cover more than one person. This means that if you are married and want to enjoy the benefits of this policy, you and your partner must get separate policies for yourselves. Each individual must have his or her own policy.

It is important for you to understand that it is unlawful, for an insurance company or broker to sell to you a Medigap policy if you already have other insurance coverage. The State of Michigan prohibits all insurance companies from selling Medigap policies to individuals who are already covered under other insurance programs.

Medicare Supplement Insurance Coverage

Before buying Medigap insurance coverage in Michigan, it is important to know that what the policy does and does not cover. The policy does not cover long-term care in nursing homes, dental care, vision care, eyeglasses, private-duty nursing care and hearing aids.

If you live in Michigan and require Medicare supplement insurance, it is essential to check out if you are eligible and then seek more information on the policy, what it covers and what it does not cover.

Learn more about Michigan Medicare Supplemental Insurance plans, rates and more at www.emedicare-supplemental-insurance.com/michigan-medicare-supplement-plans.  Our Michigan Medicare Supplemental Insurance brokers will help you compare Medicare Supplemental Insurance rates and plans in Michigan.  To talk to an expert in Michigan Medicare coverage toll free 888.404.5049 today!