We work with many private insurance companies that offer MediGap (or Medicare Supplements). Each company offers several different plans and we can provide instant quotes for the plans in your area. Plans F, G, and N are the most popular. The Traditional Medicare Supplements work with the design of Original Medicare Parts A & B and help cover the cost of deductibles and co-pays. Some plans cover more, some cover less, and we will find a plan that fits your needs. Call today for a free, no-obligation brochure with more information. See also https://www.medicare.gov/supplements-other-insurance/whats-medicare-supplement-insurance-medigap
Note that we are not employed by or contracted with the federal government.
To see monthly premiums for plans available in your zip code use the MediGap Quote link below.
Part C health plans (also known as Medicare Advantage plans) functon to enhance your Medicare health insurance benefits. If you are enrolled in both Medicare Parts A & B, you may 'transfer' your medicare benefits to a private insurance company (contracted with Medicare and authorized to offer the plan). They actually replace the benefit structure of Original Medicare deductibles and co-pays with a private insurance structure of deductibles and co-pays. However, you must stay enrolled in both Medicare A & B in order to qualify. There are 4 main advantages of Medicare Advantage Plans:
A stand-alone Part D drug plan will help reduce the cost of many prescription medications. These plans work well with Original Medicare A and/or B. Or, you may combine a Part D drug plan with Original Medicare A & B and a Traditional Medicare Supplement (see above). Remember, Original Medicare does not cover the cost of most prescription medications. Please note that you cannot combine a Part D drug plan with a Medicare Advantage plan with a few exceptions. We work with most, if not all, Part D drug plans for Missouri, Ohio, New York, Florida, Texas, Kansas, and Arkansas. More states are being added as needed. For more information on Part D see https://www.medicare.gov/drug-coverage-part-d
Like most health insurance, Medicare Parts A & B have specific enrollment periods. Most people enroll for an effective date of the month they turn 65 years of age, You may do this 3 months before your birth month, your birth month, or 3 months after your birth month. For other enrollment periods, please call for a free brochure.
In regard to the Part D drug coverage, you must try to avoid having a 2-month period with no drug insurance. If you delay enrollment in a Part D drug plan (or Medicare Advantage with Drug plan) more than 62 days, you risk having a life-long Late Enrollment Penalty applied to your plan. See https://www.medicare.gov/drug-coverage-part-d/costs-for-medicare-drug-coverage/part-d-late-enrollment-penalty for more details. The penalty is not huge, but it stays with you as long as you wish to retain a Part D drug benefit.
There is also a Late Enrollment Penalty if you delay enrolling into Medicare Part B after you turn 65 years. See https://www.medicare.gov/your-medicare-costs/part-b-costs/part-b-late-enrollment-penalty
In general, the Part B Late Enrollment Penalty increases by 10% of the premium for every full year (12 months) you are not enrolled when you could have been. To learn more, please contact us today for a free brochure.