Once you turn 65, you qualify for Medicare insurance coverage. You can complete your protection by purchasing the right guaranteed issue Medicare supplement insurance to cover all the items that Medicare won’t. Maconachy Stradley Insurance Agency can help!
No worries! If you’re currently enrolled in Original Medicare, you can still apply for a Medicare Supplement plan with underwriting. If that doesn’t appeal to you, we also have many Medicare Advantage plans that we can assess for you.
Medicare Supplement Insurance is a form of private health insurance that helps cover certain Medicare out-of-pocket costs such as deductibles, copayments and coinsurance. There are specific limits or “gaps” in the Medicare A or B insurance in order to limit the expense to the government. With a supplement Medicare insurance policy, you can fill the holes in your hospital and doctor coverage through Original Medicare so that you are fully protected.
Don’t be worried about the costs, supplement Medicare insurance is very common and extremely competitive if you apply when first eligible. The price is inexpensive compared to its annual benefits if you have a major health issue during the course of the year. Be aware however, that the longer you wait after your initial eligibility, the cost for a supplement plan increases.
There are strict limits on the type of treatments and medicines that the government will pay through Medicare. For true peace of mind to know that you will have minimal out-of-pocket expenses for your doctors and hospitals, you will need what is referred to as Medicare gap insurance.
With traditional Medicare supplement insurance, there is no network and you can use any doctor/facility that accepts Medicare. There are also more affordable versions called “select” plans that do have a network but have a reduced cost due to that. Please be aware that Medicare supplement plans do not cover any prescription medications and you will need to a prescription drug plan in conjunction with a Medicare supplement plan.
The longer you wait, the more it costs. Don’t put it off! Contact us today for your free, no obligation quote. We will find you an affordable plan that will put you in control of your health.
Need help with Medicare Supplement Insurance? Call Dominic Bagnoli Today!