Vital Information You Should Know About Medicare Supplement Plans

It is vital to know that Unlike Original Medicare, a Medicare Supplement Plan is provided through private insurance companies for everyone. These plans assist people to pay some of the hospital and medical bills that Original Medicare doesn’t take care of, like copayments, coinsurance, and annual deductibles.

To know how this plan works, you need to be enrolled in Original Medicare for you to be entitled to the plans provided by Medicare. However, you need to also know that Medicare Supplement Plans are not meant to offer stand-alone aids.

Provisional to the state that you reside in, you may not be able to get entitled to this plan if you are under 65 years. In addition to this, you are not entitled to use your Medicare Supplement Plan to pay for the cost you may have acquired with a Medicare Advantage Plan. For quotes on Medigap plans visit

There are about ten standard plans and each is represented in letters  (A, B,C,D,F,G,K,L,M,N; there is also a high-deductible plan which is F). However, some of the benefits of these Medicare Supplement Plans are,

  • Medicare Part A coinsurance and hospital bills ( up to one year after Medicare benefits are used)
  • Medicare Part B “coinsurance or copayment”
  • Blood (first 3 pints)
  • Part A hospice care coinsurance or copayment

The benefits that are not covered by Medicare Supplement plans include, long-term care. Routine vision and dental care, hearing aids, eyeglasses, private-duty nursing, prescription drugs.

Furthermore, for you to use Medicare Supplement Plans, you must have Medicare Part A and Part B. You can use your Medicare Supplement plan with any person that accepts Medicare. Nevertheless, certain Medicare plans require that you only make use of doctors and hospitals in the provider networks. You also need to know that for you to use Medicare Supplement Plans, you need to know that these plans are renewable and guaranteed as far as your premium is frequently paid by you.

Another vital fact that you need to take note of is that Medicare Supplement Plans can only cover one person at a time, so if you are married and you want your spouse to be involved in this plan, then,the need to purchase separate policies is needed.

There are no doubts that Medicare Supplement Plan is the right choice for you, and this is due to the fact itcovers lots of bills that other Original Medical plans don’t cover. Also, as a subscriber to these plans, you will be entitled to copayments and coinsurance.  Most people are confused when it comes to these insurance terms. The easiest way to understand this insurance better is when you ask questions. You should learn to ask questions you do not understand about the various plans.

Each plan has distinct package that can either be your suitable plan or may not cover everything you need. This is the reason why it is important that you only go for plans that are right for you.



The Right Time to Buy Medicare Supplement Plans

Medicare supplement plans sold to you entirely depends on your medical condition. If you have a health problem, you will be sold the same Medigap policy at a higher price than that sold to a healthy person. You can rest assured that you will definitely have to pay more, for the same policy, than a healthy person. Also, one more factor governing this part of purchasing Medigap policy is your eligibility. You should be eligible by law then only you should go for the purchase.

So what would be the right time?

Now you should be wondering that is it compulsory for you to suffer a loss just because your medical condition is not as good as other people? The answer to this question is a simple no. There is a Medigap open enrolment period which the company provided during which anyone can buy Medicare supplement plans offered by the company. During this period you can buy the policies irrespective of your medical health. This would be the right time for you to buy a policy because it gives you the same benefit as that of a healthy person.

So what about outside the open enrolment period?

When this generous offer of the insurance company expires, there is nothing you can do much about it. There is no guarantee that you will be able to get the Medigap policies at the same price as a fit person would get it in. However, in some state, you are given the option of purchasing a different type of United Healthcare Medicare supplement plans which are called Medigap SELECT. One more advantage of buying this policy is that you have the right to change back to the regular Medigap plan if you are not satisfied with it within a period of twelve months.

Which Medigap policy to trust for travels?

The reason for buying a Medigap policy is to get an extra edge over the standard Medicare Advantage Plan. If you purchase Medigap Plans C, D, F, G, M and N your travel outside the US will be completely secure. The following are the point to be noted:-

  • These policies cover your medical expenses when you are travelling outside the US during the first sixty days of your travel only or if your Medicare Advantage Plan does not cover it.
  • They cover eighty percent of your medical emergency bills if you have met a two hundred and fifty dollar deductible for the year.

This makes Medicare supplement plans very attractive for the customers who are on a regular basis going outside the US.

Find The Medicare Supplement Plans Available For You!

Medicare supplement plans are sold at the discretion of the insurance company. Though they are subjected to certain rules and regulations by the State law yet if they comply with those rules, they are entitled to sell whichever policy they like. The policy that these companies will be selling you depends on the geographical region. Though the content of different Medigap plan is the same across all the States in a particular State, it might happen that the companies do not offer certain plans at all.

This might create confusion among the customer regarding the availability of a particular plan in a particular region. So, the solution for you is to take the help of Medicare website. There you will be able to enter your region’s Zip code and check what all policies the insurance companies of your region are providing. This will help you to eliminate any ambiguity about the availability of a particular policy which you might want for yourself. You can also check the availability of a Medigap policy depending on your health status. If you have a medical condition certain policies will not be applicable in your case.

Which policies you should not mix with Medigap?

There are certain Medicare policies which are often misinterpreted as Medigap plans. This is the case where people think that since they are getting some extra benefit than what they were getting from the Medicare Advantage Plan then surely it should be a Medigap policy. But this is not the case every time. Even though some policy might be providing you something extra they cannot be confused with Medigap policies. Here are the few examples which are not Medigap:-

  • Prescription Drug plans- it covers your expenses relating to the regular purchase of prescription drugs.
  • Union plans which also include FEHBP.
  • Long-term insurance policy.

Is it really beneficial to have Medicare supplement plans?

Whether it is beneficial for you to purchase such a plan will entirely depend on your requirements. You have first to see whether the coverage that you require is given by the Medicare Advantage Plan or not. But since all these policies are standardised by the government, any extra requirements will have to be met by purchasing Medicare Supplement Plans.

These plans are made specifically for the purpose of meeting your coverage demand which is not satisfied by original Medicare Advantage Plans. Whether you need extra travel risk coverage or just want to save money on drugs, Medigap plan is perfect for you.

Do you know Medicare Supplement Plans coverage changes every year?

If you have Part A and Part B, Original Medicare, there is no need for you to reapply each year. Yet, each year during (October 15 – December 7), the Annual Election Period, you may consider whether you would be benefited from enrolling in or wish to change some Medicare Supplement Plans or/and a Medicare prescription drug Part D plan.


Medicare Supplement Plans offers benefits and is affordable as it bears the costs that go beyond your pocket. These plans are available with private insurance companies. However, if you are enrolled already in Medicare Supplement Plans or/and Medicare Prescription Drug Part D coverage, it is best you stay aware of these details:


Medicare Advantage Organizations and the sponsors of Prescription Drug Plan, each year renew their contracts by submitting a plan for New Year with Medicare. This includes the cost sharing details and the benefits. This is approved only after Medicare reviews the plans and benefits.


In case the proposed changes are Medicare approved, your existing Medicare Supplement Plans or the membership for Prescription Drug plan gets automatically renewed. This renewal is done as long as you pay the plans monthly premiums that are applicable and also the Part B Medicare.


In case your plan leaves Medicare, you receive in the mail a Non-Renewal Notice informing you that you must find for the coming year a new plan. This notice will be received by your before the existing year October.


Thus, regardless of your case, it is best to compare Medicare Supplement Plans in 2019 and also the Part D Medicare Advantage Plans that alter costs and benefits every year. Having part D Medicare prescription drug plan or Medicare Supplement Plans enrolled means you must consider the changes taking to the drug list every year.


This is because you will know the affect it will have on your plan and what is the amount you need to pay for prescription medications. Each year, your health also undergoes a change that you may decide whether you require less or more comprehensive coverage than the provision of existing plan.


As you know now about Medicare Supplement Plan, keep your eye open to know the changes in the plans with each passing year. This will keep you updated on the plans and coverage available. Thus, you can consider new plans, compare the plans, take free tools for comparison and if required speak to a licensed agent to know more about insurance and its coverage.

Moving to another state, Understand Medicare Supplement Plans changes

Have you got transfers in your job and are expected to move to a new state or have you moved just now? It may seem as too many question in your busy time, but there are a few tasks you must make sure that goes smoothly without interruption such as the Social Security and Medicare benefits.


What coverage does Medicare have?

If you are a resident of the United States, it means including the U.S. Virgin Islands, Northern Mariana Islands, the District of Columbia and Puerto Rico, Guam, you are fortunate as you can retain the same Part A and B Original Medicare coverage.  But, if you are moving to some other state, there is a need to notify the health-care providers so that the medical records are transferred.


If you also have Medicare Supplement Plans policy or Part D Medicare for prescription drug plan, apart from the benefits of Original Medicare, you must know how it may affect your plans with your address change.


Moving to another state

In case you are enrolled with Medicare Supplement Plans or Part D Medicare Prescription Drug plan and now have a residence change means you are moving to another state, you can qualify for SEP, a Special Election Period. During this period, you are permitted to get enrolled into a new plan available in your new service area.


In case you are moving permanently to a place that is not covered by Medicare supplement plans means it is not in the service area. If so, immediately tell your plan and notify before you are moving from this place. This is because the timeframe for SEP is for four months and starts from the first month before you move and lasts for three months after you move. On notifying your plan after moving, you are permitted even to switch plans from the month you have given the moving notice and this can be done after and up to two months.


You can switch to new Medicare Supplement Plans or to Prescription Drug Medicare Plan during this moving period to a new service area. However, you also have the choice if you prefer to return to the Original Medicare.


You have Medicare Supplement plans?

If you have now Medicare Supplement plans for 2019 and this plan is not available in the new area, then your Medicare plan should be disenrolled.  In case you fail to enroll during your SEP into a new Medicare Supplement Plans, you will return to Part A and B Original Medicare.

However, if you have already moved and the SEP period is over means you need to wait for October 15 to 7 December, the Annual Election Period to get enrolled.