At West Compass Insurance, we know how important it is to find the right health plan just for you. Lately, we’ve been getting a lot of questions about Medicare Supplement (Medigap) Plans. These plans help by paying for some of the healthcare costs that Original Medicare (Parts A and B) doesn’t cover. They can offer a sense of security and peace of mind.
Some people think that if they already have a Medicare Advantage plan, they can’t get a Medigap plan. But that’s not always true! You might still be able to switch to a Medigap plan if that’s what works best for you.
Since we’ve been getting more interest in these supplemental plans, we wanted to share some helpful information with you. Here are 5 quick facts to help you understand more:
Fact #1: Options Galore
Medigap plans are available in 10 different lettered categories, standardized by the federal government. Each plan of the same letter offers identical coverage irrespective of the insurer. This makes it easier for individuals to pick and understand a plan. Insurance companies may also offer wellness extras and discounts to provide more value.
Fact #2: Flexibility is Key
One significant advantage of Medigap plans is the flexibility they offer. Plan members are not restricted by provider networks. They can choose any doctor or specialist, provided they accept Medicare patients.
Fact #3: Travel with Peace of Mind
With Medigap plans, you don’t need to worry about staying within a specific network. Your coverage travels with you anywhere within the U.S., as long as the healthcare provider accepts Medicare.
Fact #4: Predictable Costs
Unexpected medical expenses can be a significant stressor. With Medigap, just like your home or car insurance, you have predictable premium expenses. It works in tandem with Original Medicare to keep unexpected out-of-pocket costs minimal.
Fact #5: Your Timeline, Your Choice
When it comes to Medigap plans, you aren’t bound by specific enrollment periods. You can enroll, disenroll, or switch plans any time of the year. Plus, as long as premiums are paid on time, and there are no discrepancies in your application, your coverage is guaranteed for life.
If you’ve been thinking that a Medigap plan might be a good fit for you, and you can handle the cost of the extra premium, we’re here to help! You can set up a time to talk with us, and we’ll go through all the options together.
We want to make sure you have all the info you need to make the best choice for your health. So, don’t hesitate to reach out. We’re ready to help guide you through your healthcare journey, making it as simple and stress-free as possible.
Note: Plans can vary in MA, MN, and WI. Always ensure you’re aware of the specifics related to your state.
For more information visit : http://image.uhc-info.com/lib/fe9313707560027f7c/m/1/8b3e8ee0-5bd8-4078-addc-6d3540268111.pdf?j=3264908&e=CSANTOS@WESTCOMPASSINSURANCE.COM&l=42639_HTML&u=114991453&mid=7004629&jb=0
To learn about Medicare: