Frequently Asked Questions Following are some of the most frequently asked questions about Medigap and Medicare Advantage plans: What’s the difference between Medicare Supplement and Medigap? Why might I need a Medicare Supplement policy? Which Medicare Supplement insurance plan is best for me? How do I enroll in a Medicare Supplement insurance plan? Should I get a Medicare Advantage plan or a Medicare Supplement? What’s the difference between…
…y normally applies to late enrollees in Part D who did not maintain creditable drug coverage during the time they were eligible for Part D drug coverage but were not enrolled in a Part D prescription drug plan. To purchase a Medicare supplement (or Medigap) plan, you need to be enrolled in Medicare. Who wants to wait when it comes to saving money? During your one-time, six-month Medigap Open Enrollment Period, which begins the first day of the…
…re coverage. As a result, millions of Medicare recipients choose one or more of the following options in order to enjoy more comprehensive coverage than they can hope to get through Medicare Part A and Medicare Part B alone. Medicare Supplement Plans (also called Medigap plans) are designed specifically to help fill the gaps in Original Medicare coverage. Medicare supplements are sold by private insurance companies to people already enrolled in…
…rges, and premiums someone might expect to pay for the various Medicare parts and plans. This time let’s try to determine how much a Medicare recipient might expect to pay in total for comprehensive health coverage. Original Medicare Medicare Part A Chances are you don’t have to pay any premiums for Part A (hospital) coverage. The vast majority of Medicare recipients have premium-free Part A coverage because they covered the cost of these…
…information that may help you to make an informed choice between Medigap and Medicare Advantage during Open Enrollment or any other time you’re evaluating your Medicare options. Medigap Plans Medigap insurance, also known as Medicare supplement insurance, is designed to supplement Original Medicare coverage. There are 10 supplement plans on the market, from Medigap Plan A to Medigap Plan N. Each plan has fixed monthly premiums and its own degree…
Google+ Why choose MedicareMall.com? MedicareMall is your source for Medicare Supplement Insurance Plans, Medicare Prescription Drug Plans (Medicare Part D), Senior Dental, Vision, and Hearing Plans. Medicare Supplement Insurance Plans: A Medicare Supplemental Insurance Plan, also known as Medigap Insurance extends beyond your basic Medicare insurance coverage to offer additional options for medical expenses. Original Medicare leaves gaps or…
…B deductible applies. As you can see, Medicare Part B provides some important benefits, but it leaves gaps in your health care coverage. Your Medicare Advantage plan won’t fill these gaps completely, so it’s vital you have a Medicare supplement insurance plan to give you the total coverage you need. The right Medigap plan will save you a lot of stress and worry as you face an uncertain future. Whether you’re new to Medicare, a Medicare veteran,…
Those who are eligible for Medicare but aren’t fully satisfied with Original Medicare (Part A and Part B) alone are faced at a crossroads. One way leads to Medicare Advantage. The other to Medicare Supplement Insurance. The hope is that whichever one you choose will end at a destination booming with comprehensive and affordable health care. There is no byway connecting the two — Medicare Advantage plans and Medigap plans can’t be used…
…able to the tune of hundreds of dollars a day starting after your 60th day in the hospital. Part B coinsurance, normally representing 20 percent of your Part B-covered medical costs. Two obvious solutions to this problem are Medicare supplement insurance—with 10 Medigap plans tailor-made to suit anyone’s medical history or circumstances—and Medicare Advantage. Medicare Advantage is the solution currently chosen by over 14 million Americans, or…
…Plans. That being said, if you decide to disenroll from your Medicare Advantage plan, you must be prepared to return to Original Medicare. If you decide to leave Medicare Advantage to return to Original Medicare, considering Medicare Supplement Plans (Medigap) is strongly suggested. A Medigap plan will help will any gaps in Original Medicare coverage. Q: What can I do during the Medicare Advantage Disenrollment Period? A: You can Return…
This site is operated by MedicareMall.com, a wholly owned subsidiary of Golden Senior Advisors, Inc., a licensed health insurance agency certified to sell Medicare products. Medicare has neither reviewed nor endorsed this information.