How It Works
Medicare
Medicare can be complicated. Explore our guides to basic coverage, supplement plans, Medicare Advantage, and more.
How It Works
How It Works
How It Works
How It Works
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Get help navigating the Medicare maze.
Searching for Medicare insurance gets confusing quickly. We can help you find the right coverage for you.
January 2021 Top Rated Medicare Providers
Knowing which Medicare supplemental (Medigap) insurance you need gets very confusing, quickly.We’ve reviewed and ranked the top providers to help you sort through the noise.
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- Estimate potential prescription cost with online tool
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- over 700 employees nationwide
- Online Enrollment
- Competitive Premiums
- Online Health Portals
- Serving customers since 1853
- Nationwide coverage
- 12-month rate lock
“Medicare pays for much – but not all – of the costs for covered health care services and supplies. A Medigap policy can help pay the remaining health care costs like Copayments, Coinsurance, and Deductibles.”
Which Medigap options are right for you?
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Learn what options make the most sense for your needs.
Which Plan Types?
Medicare Supplement plans cover the leftover 20% that Medicare doesn’t cover. There are several different plans to choose from with different coverage options
What Type of Coverage?
The short answer, it depends. If you’re on Medicare and want to protect yourself from costly medical bills, you should consider additional Medicare coverage.
Which Insurance Carrier?
It’s important to remember that Medicare coverage plans are standardized. No matter what carrier you choose or how much you pay, the benefits are the same.
Does Medicare or Secondary Health Insurance Pay First?
1.
How do I know if I qualify for Medicare?
Medicare is open to people who are age 65 or older, younger people with disabilities and to those with End Stage Renal Disease. Learn more about Medicare eligibility here.
2.
When is the enrollment period for Medicare?
There are a few times when you can enroll in Medicare programs. The General Enrollment Period for Medicare Part A & B is between January 1 and March 31 of each year. Open Enrollment Period runs from October 15 and December 7 of each year and during this time:
- You can switch from Medicare Parts A & B to a Part C plan
- You can switch from Medicare Part C back to Parts A & B
- If you have or are signing up for Medicare Part A & B you can join, drop or switch a Part D prescription drug plan
- If you have Medicare Part C you can switch to a new Part C plan.
3.
What is a Medigap/Medicare Supplement plan and how do they work?
It is an insurance policy that is sold by private insurance companies and is meant to fill in any gaps in Original Medicare coverage. It does so by helping to pay for some medical expenses that Original Medicare does not cover.
4.
How is Medicare funded?
There are 2 trust funds held by the U.S. Treasury that are solely used for Medicare. Generally speaking, these accounts are funded by payroll taxes, income taxes on Social Security benefits, interest earned on trust fund investments, Medicare Part A premiums, Medicare Part B premiums and Medicare Part D premiums.
5.
Are there different types of Medicare Advantage plans?
Yes - there are 6 types of Medicare Advantage health plans. These include: Health Maintenance Organizations (HMOs), Preferred Provider Organizations (PPOs), Private Fee-for-Services Plans (PFFSs), Special Needs Plans (SNPs), Medicare Medical Savings Account Plans (MSAs), Point of Service Plans (POSs). Click here to learn more about Medicare Advantage Plans.