MEDICARE SUPPLEMENTS CEDAR PARK TX

HOW TO CHOOSE A MEDICARE SUPPLEMENT PLAN IN CEDAR PARK TX

Each company may offer a different selection of Medicare Supplements for Cedar Park TX residents.  Consider all the options available to find the best plan type for what you need.  Coverage levels vary between the different plans. For example, a Plan G might charge a higher premium but cover more copayments and out-of-pocket cost compared to another Medicare supplement insurance plan in Cedar Park Texas.

 It is also important to compare costs of monthly premiums and out-of-pocket cost between different companies, since these can fluctuate.  Here at The Whitcomb Agency, we can do that for you. We will work to get quotes from different companies in and around Cedar Park Texas to see which plan will be the most affordable for you. If prescription drug coverage is a concern, consider enrolling in a stand-alone Medicare Part D prescription drug plan to work alongside your Original Medicare and Medicare Supplement insurance plan.  Just know that you cannot have a Medicare Advantage plan at the same time you have a Medigap plan.

OPTIONS FOR MEDICARE SUPPLEMENT PLANS IN CEDAR PARK TEXAS.

Companies offering a Medicare Supplement plan in Cedar Park Texas may offer one or more of ten different plans.  Each plan type corresponds with a letter. All of the plan categories are standardized under Medigap.  This means that each Plan A offered in the state will usually offer identical basic benefits. However, the cost and out-of-pocket cost will vary from company to company so we work to find the best fit for your individual needs.  It is important to know that Medicare supplement insurance plans in Cedar Park that offer lower premiums may have higher out-of-pocket cost.  When comparing plans, make sure to weigh both factors to find the best plan for your needs and wallet.

WHAT IS MEDICARE SUPPLEMENT OR MEDIGAP INSURANCE?

Medigap is Medicare Supplement Insurance that helps fill “gaps” in your original Medicare plan.  Original Medicare is sold by private companies like us here at The Whitcomb Agency. Original Medicare pays for a lot, but not the entire cost for covered health care services and supplies. A Medicare Supplement Insurance (Medigap) policy can help offset the cost of some of the remaining health care expenses, like:  Copayments, Coinsurance and Deductibles.

Some Medigap policies also cover things that Original Medicare does not, like medical care when you travel outside the U.S.  If you have Original Medicare and you buy a Medigap policy, here’s what happens:  Medicare pays it’s share of the Medicare approved amount for covered health expenses and then your Medigap policy pays it’s share.

SOME THINGS YOU NEED TO KNOW ABOUT MEDIGAP POLICIES.

  • A Medigap policy only covers one person. If you and your spouse both want You must have Medicare Part A and Part B.
  • Medigap coverage, you’ll each have to buy separate policies.
  • Any standardized Medigap policy is guaranteed renewable even if you have health problems. The insurance company can’t cancel your Medigap policy as long as you pay the monthly premium. You pay this monthly premium in addition to the monthly Part B premium that you pay to Medicare.
  • A Medigap policy is different from a Medicare Advantage Plan.  Those plans are ways to get Medicare benefits, while a Medigap policy only supplements your Original Medicare benefits.
  • It’s illegal for anyone to sell you a Medigap policy if you have a Medicare Advantage Plan, unless you’re switching back to Original Medicare.
  • You can purchase a Medigap policy from us by filling out the form below.
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