Join the rising number of seniors with a Medicare Supplement plan. Between 2010 and 2015 enrollment grew from 9.7 million to 12.2 million.
Medicare Supplement Plans, also known as Medigap plans, cover many of your Medicare Part A and B out-of-pocket costs such as deductibles and coinsurance. Whether you prefer higher premiums or lower out-of-pocket costs, see below to see which plan could be right for you.
Medicare Supplement Plans A and B cover basic co-insurance and copayment costs for hospitalization, medical expenses, and hospice care. Medicare Supplement Plan B provides additional coverage for Part A deductibles.
Medicare Supplement Plan C covers the basic Medicare benefits plus skilled nursing care, certain Medicare Part A and Part B deductibles and emergency care abroad.
Medicare Supplement Plan F covers the basic Medicare benefits, plus coverage for Medicare Part A and B deductibles, skilled nursing care, emergency care abroad and 100% of Part B excess charges—this is the difference between what a provider charges and the amount Medicare will pay up to Medicare’s limiting amount. A high-deductible option is available that can lower your premiums.
Medicare Supplement Plan G covers basic Medicare benefits plus coverage for additional costs like Part A deductibles, skilled nursing care, Part B excess charges (charges above what Medicare pays) and emergency care abroad.
Choose from a variety of Medicare Advantage plans designed to help you get the most out of your Medicare coverage. With a Medicare Advantage plan, you’ll have all the benefits of Original Medicare. It can also include extra features such as emergency care, wellness programs, Medicare Part D and other benefits such as dental, vision, and over the counter benefits.
A HMO (Health Maintenance Organization) plan can help you stretch your health care dollar. These plans generally have affordable, fixed costs, and offer all the benefits of Original Medicare – plus some added features.
A PPO (Preferred Provider Organization) plan lets you balance choice with your budget. Most PPO plans give you the freedom to choose any doctor or hospital that accepts Medicare, but you pay less for services received from in-network providers
A Medicare prescription drug plan is a smart way to manage the cost of the medications you take now—and those you may need in the future. If you’re entitled to Part A and/or enrolled in Part B of Original Medicare, you’re eligible to join a Part D plan; however, when you enroll affects your effective date and premium. HealthMarkets can help you understand your eligibility and explain to you the Medicare Part D plans that are available.