Medicare can be complicated. As independent brokers, we work to educate you about the choices within the two basic approaches to completing your coverage, then help you enroll in the plans that fit your health, lifestyle, and budget.
Receive coverage for medical services from any provider who accepts Medicare by presenting both your Medicare card and your Medicare Supplement card. Rates vary widely between carriers for the same coverage, but your premium will always be based on your age when the policy was issued. You can keep a Medicare Supplement plan if you move to another state. Choose your third card from the variety of available Part D plans to minimize overall costs for prescription drug benefits. You may also want to add insurance for routine dental, vision, and hearing care that Medicare doesn't cover.
Medicare Advantage (Part C) plans replace the deductible and coinsurance of original Medicare with copays that are often lower with network providers for most services. They place a cap on out-of-pocket expenses, usually with Part D benefits built-in – for little or $0 monthly premium. You will be eligible for a Special Enrollment Period (SEP) to choose new coverage if you move out of your plan's service area. A popular way to add protection from the risk of daily hospital costs is an AdvantagePlus limited benefit policy from GTL.
People enrolled in Medicare Advantage Plans are not allowed to combine it with Medicare Supplement (Medigap) policies. One of the qualifications for a Medigap plan or Medicare Advantage is that you must remain enrolled in Parts A & B . Medicare Part D is outpatient prescription drug insurance offered by private insurance companies under contract with Medicare. You can receive Part D coverage through a standalone Prescription Drug Plan (PDP) or through a Medicare Advantage Prescription Drug (MAPD) plan. To qualify you must be eligible for Part A and/or enrolled in Part B. Dental, vision, and hearing benefits may be included in or added to an Advantage plan with a rider for extra premium, or covered with an independent policy. There is also coverage available to offset the ambulance and hospital copays of a Medicare Advantage plan.