Medicare Supplements & Drug Plans

Can You Answer YES to at Least One of the Following Statements?

  • I am 65 years of age or older
  • I am under 65, but I have certain disabilities
  • I have End-Stage Renal Disease (kidney failure that requires a transplant or dialysis).

If so, it is likely that you are eligible for Medicare benefits.

As you approach Medicare eligibility you probably feel very popular—everybody is calling you and mailing you information. After a few weeks of looking at a stack of mail, you probably feel more confused than ever. We can help, you understand how Medicare works, how supplemental insurance fits into the picture, and how to wade through the myriad of alternate options available.

What New Medicare Enrollees Need To Know

If you are turning 65 and/or new to Medicare, the first thing you need to do is decide if you need to enroll in Medicare. If yes, you need to review Original Medicare. Your options for covering the out of pocket Original Medicare expenses are generally a supplement or a Medicare Advantage Plan or a company retiree plan. If you decide you want a supplement plan, you also need to find what prescription drug plan is best for you. Making these decisions may seem complicated. We are licensed and certified to sell Medicare Plans. We can help you understand the differences in plans and help you enroll.

Medicare has Four Parts:

  • Part A - Hospital Insurance
  • Part B - Medical Insurance
  • Part C - Medicare Advantage Plan
  • Part D - Prescription Drug Coverage

What are options to help cover the costs Original Medicare doesn’t cover?

Medicare plans do not pay all expenses. You may incur co-insurance, co-pays, deductibles and premiums. If you have Original Medicare, you may choose to buy a Medicare supplement (also known as Medigap) policy to help with these costs. Depending on the policy you select, your Medigap policy may cover all deductibles and coinsurance under Original Medicare in full.

Medicare Advantage plans may have low premiums or no premiums. They include co-pays and, in some plans, coinsurance. All plans have an annual maximum out of pocket. Some Medicare Advantage plans include prescription drug coverage.