Medicare Supplement Plans
Medicare is the federal health insurance program for people who are 65 or older, certain younger people with disabilities, and people with End-Stage Renal Disease. It is made up of two parts: Part A (for hospital expenses) and Part B (for medical and preventative services).
By itself, Medicare doesn't cover all of your medical expenses. In fact, Medicare Part B covers 80% of the amount amount allowed by Medicare after you have met your deductible. You're paying for out-of-pocket costs such as deductibles, copayments, and coinsurance applied to cover services like hospital stays, durable medical equipment and physician srvices. A Medicare Supplement Insurance plan may help defray some of the costs.
One of the benefits of pairing a Medicare supplement insurance plan with Medicare is the flexibility. You can use any doctor or hospital that accepts Medicare, and you are not limited by a network.
If you do choose a Medicare Supplement, it is important to add an additional Part D plan to cover your Prescriptions. Medicare Supplement plans do not include Prescription Drug Coverage.
You are able to explore all of your options with various carriers. You do not have to have the same carrier for your Medicare Supplement and Prescription Drug Plan.
By itself, Medicare doesn't cover all of your medical expenses. In fact, Medicare Part B covers 80% of the amount amount allowed by Medicare after you have met your deductible. You're paying for out-of-pocket costs such as deductibles, copayments, and coinsurance applied to cover services like hospital stays, durable medical equipment and physician srvices. A Medicare Supplement Insurance plan may help defray some of the costs.
One of the benefits of pairing a Medicare supplement insurance plan with Medicare is the flexibility. You can use any doctor or hospital that accepts Medicare, and you are not limited by a network.
If you do choose a Medicare Supplement, it is important to add an additional Part D plan to cover your Prescriptions. Medicare Supplement plans do not include Prescription Drug Coverage.
You are able to explore all of your options with various carriers. You do not have to have the same carrier for your Medicare Supplement and Prescription Drug Plan.