Benefits that go beyond your regular Medicare.
If you are 65 or older, you have probably heard of benefits you may be eligible for that go beyond the your regular Medicare.
Medicare Supplements (also known as Medigap) pays benefits in addition to your original Medicare and help to pay for your out-of-pocket healthcare costs such as co-pays, hospital visits, doctor’s office visits and more. Medicare recipients can literally save thousands of dollars if they have the right Medigap plan in place.
Medicare Advantage Plans (also known as Medicare Part C) are health plans but like traditional major medical coverage. These plans are sold through private carriers contracted by Medicare, and actually replaces your original Medicare Parts A and B, as they are rolled into one plan. You can select between an HMO or PPO, and most plans may cover more of your healthcare costs and have additional benefits, such as prescription drug coverage. Some may have dental or vision benefits. Premiums vary based on coverage, carrier and geographical location.
Choosing the right Medicare coverage for you can be difficult. We can help you understand and sort through the maze of options to secure the plan that best fits your healthcare needs and budget.
Note you must be enrolled in Medicare to purchase a Medicare Advantage or Medicare Supplement plan. While you can buy a Medicare Supplement plan any time of the year, it’s advantageous to do so during your initial enrollment period to skip medical underwriting.