Medicare Supplement
Medicare Supplement or Medigap is perfect if you are looking for a solution to any gap between Medicare coverage and what you might have to pay from out-of-pocket money. You can get a Medicare Supplement insurance policy from a private insurance company There are ten different Medicare Supplement insurance policies to choose from. Depending on the state where you live, you might find them all or not. ​
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Who Is Eligible For Medicare Supplement Insurance?
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*If you are already enrolled in Original Medicare (Parts A and B).
*You are 65 years old or over, or under 65 but with a disability or End-Stage Renal Disease.
*And the policy is offered in the state where you reside.
Then you are eligible to purchase a Medicare Supplement Insurance policy.
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Part APart A covers inpatient hospital services, skilled nursing facilities, home health care and hospice. Remember Part A benefits have limits on the number of days covered. Medicare does not usually cover your care in full and you can be responsible for deductibles, coinsurance or copays. For most people Medicare Part A is $0. For some people if they did not work 40 quarters they may have to pay a premium. To enroll in Part A reach out to social security.
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Part BPart B covers outpatient services such as when you go to an office visit, get surgery (including in a hospital) and have labs done. Other coverages such as ambulance, preventative care, durable medical equipment and home health care also come under your Part B benefit. The monthly Part B premium you will pay changes annually. It is based on your modified adjusted gross income two years prior. Some people in higher income brackets will pay more. To enroll in Part B contact Social Security.
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Part CPart C is Medicare Advantage plans. These are available from private insurance companies. To enroll in a MedAdvantage plan you have to be enrolled in Medicare Part A and Part B and live in the plans service area. Medicare Advantage plans do not use the Medicare network instead they have their own networks and providers. The plans can be HMOs, PPOs, PFFS, or SNPs. These plans also can include Part D drug coverage. Once enrolled you will pay a fee for most services. Depending on where you live you may be able to purchase a Medicare Advantage plan Part C plan for $0 Part C is optional and some people choose to not enroll or enroll in a Medicare Supplement plan instead. We can help those in Washington enroll in Part C.
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Part DPart D is prescription drug coverage. These are available from private insurance companies. There are 20+ drug plans to choose from in Washington. Not every plan covers every drug. Our agents can help research and find the plan that meets your needs. Part D Plans change annually, but typically, in Washington you can purchase a Part D plan for less than $12 a month. Those with higher incomes may have higher premiums for their Part D. Part D is optional and some people choose to not enroll. However, if they want to enroll in the future they may have a Part D late enrollment penalty. McGregor Benefits can help you enroll in a Part D drug plan in Washington.
Types Of Medicare Supplement Plans
A variety of Medicare Supplement plans are available. Each plan provides different
benefits, so it’s important to compare before deciding. Your monthly premium is based on
the coverage offered and the insurance company you choose.
Note: Plans C and F aren’t available to people newly eligible for Medicare on or after
January 1, 2020. If you were eligible before this date, or if you already have or were
covered by Plan C or F (or the Plan F high deductible version) before January 1, 2020, you
can keep your plan if you wish.
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(Indicates areas where the plan pays 100% of the benefit cost.)
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1 Plans F and G also offer a high-deductible plan in some states. With this option, you must pay for Medicare-covered costs (coinsurance, copay, and deductibles) up to the deductible before your policy pays anything. 2 For Plans K and L, after you meet your out-of-pocket yearly limit and your yearly Part B deductible, the Medicare Supplement plan pays 100% of covered services for the rest of the calendar year. 3 Plan N pays 100% of the Part B coinsurance, except for a copay of up to $20 for some office visits and up to a $50 copay for emergency room visits that don’t result in inpatient admission. Medicare Supplement plans are standardized differently in Massachusetts, Minnesota and Wisconsin. Visit our website to review the plans available in your area or discuss your options with an Medicare Advisors licensed Benefits Advisor. For details on deductibles and costs, visit medicare.gov
Contact Us Today
Call us today 214-603-5559, Calling this number will direct you to a licensed insurance agent.
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We provide expert guidance on available HMO, PPO, and Indemnity plan options. A licensed agent will educate you on plan features such as physician networks, and cost analysis for the following: premiums, copays, deductibles. Throughout the enrollment process and post-enrollment, you will have a personal contact to assist with questions, claims, or concerns, should any arise.