Medicare Supplement Insurance Boynton Beach
What is Medicare Supplement Insurance?
It is health insurance policies offered by insurance companies that pay some or all of what Medicare A and B don’t cover. The plans are also known as Medigap Insurance.
The costs not covered include deductibles, coinsurance and co-payments. If you enroll in a Medicare Advantage Plan, you can’t enroll in a Medicare Supplement Plan.
Also, Medicare Supplement insurance does not include prescription drug coverage. You will need to find and enroll in a separate Medicare drug plan.
How and When to enroll in Medicare Supplement Insurance in Boynton Beach.
When you enroll in a Medicare Supplement plan, you need to be enrolled in Medicare A (Hospital Insurance) and Medicare B (Medical Insurance).
After you enroll in Medicare, you can apply anytime during the year.
However, if you are not in your Guaranteed Issue or Medigap Open Enrollment period, you will have to answer medical questions. That means the insurance company may not accept you.
Questions to Ask When Enrolling in Medicare Supplement Insurance Boynton Beach
You can choose from 1 of 10 “standardized plans” with varying benefits and costs. Insurance companies that sell the plans must offer the same type of coverage. That means you can easily compare the plans between companies.
This chart shows the coverage of each plan. Review this chart before you decide.
Is Medicare Supplement Insurance Right For You?
There are 2 ways to supplement your Medicare Insurance.
- A Medicare Supplement plan with a separate drug plan
- An all in one Medicare Advantage plan including Medicare Drug coverage
Consumer Reports Guide to Choosing the Best Plan
The Official US Guide to Choosing a Medigap Policy
For expert assistance
Contact Renee Lempert (561) 704-9302