Do I Need A Traditional MEDICARE SUPPLEMENT?
46 Million and counting….
Over 46 million Americans are already enrolled and receiving benefits through Medicare. Because Medicare does not pay for all health care services, only 80%, you have the option of buying a Medigap policy (Medicare Supplement) to cover the gaps or the other 20%. Medicare Supplements are offered by private insurance companies.
All supplement plans are the same from each company and regulated by Medicare. The only difference is, some companies will charge you a HIGHER premium than other companies, you could find yourself paying double the premium someone else is paying for the exact same benefits!
This is where My Part D USA can help! We will shop the marketplace in your state and find the lowest priced plan with a reputable company.
You should never own more than one Medicare Supplement. If you decide to change supplements, DO NOT CANCEL until you are approved on the new plan.
When you retire and need a Medigap policy, there is an open enrollment period of 6 months. This means the insurance company cannot turn you down NO MATTER WHAT! They cannot refuse to write you a policy because of your medical history or claims, nor can they charge you more because of your health problems. THAT IS WHY IT IS IMPORTANT TO FIND THE BEST POLICY WITH THE LOWEST PRICES IN CASE YOU DEVELOP HEALTH ISSUES IN THE FUTURE!
My Part D USA can guide you though this important time, making sure you get the best for less!
There are many things to consider when choosing a plan:
1.Does your Doctor take assignment? This means that Medicare has a set price for certain procedures and most doctors accept that amount for payment. If you doctor does not take assignment, you can choose another doctor or choose a plan that will cover the additional expense your doctor will charge.
2. Do you want to keep , and be able to choose your own doctor? Or, can you accept changing your doctor or hospital because they are not on the list of a Medicare Advantage Plan? When you decide against a Traditional Medicare Supplement and choose a Medicare Advantage Plan, (refer to the other blogs on the left side of the home page on MAP’s) you will lose the ability to pick your Doctor or Hospitals, and sometimes even your pharmacy. The Doctors and Hospitals must agree to accept the terms of payment from the MAP, and the doctor can refuse to accept it at any time.
With a Traditional Supplement you can see any doctor or hospital in any state and know your benefits will cover you.
3.Will you be needing the Foreign Travel Benefit?If you will be doing trips abroad during your retirement, it may be necessary to include this in your Medicare Supplement.
When you shop for your new or replacement Supplement these are just a few of the important things to remember. My Part D USA will take all this into consideration when we recommend the best plan for you.
Please fill out the worksheet or call us at 866-752-1795 to get started!
