Medicare Supplement Plans in Your State

Medicare Supplement Plans Nationwide

medicare supplement plans in your state

Shop and Save on Medigap plans in your State

MedicareBob shares three things you should know about Medicare Supplement (Medigap) plans in your State.

  1. You can shop and save today. There is no December 7th deadline. Therefore, you can shop and save all year.
  2. The letter of your Medicare Supplement plan determines your coverage benefits (not the insurance carrier). Since all Medicare Supplement plans are standarized, you can shop the same letter plan anytime and save. For example, if you find a Medicare Supplement plan F that you like, you can shop plan F and save money! Whichever supplement plan you like, you can shop and save money on that plan. Standardized Medicare plans make it easy for you to shop and save. So there is no reason to overpay.
  3. Senior Healthcare Direct makes it easy to shop and save on Medicare Supplement (Medigap) plans. One phone call to 1-855-368-4717 gets you access to all Medicare Supplement quotes. We are available to take your call weekdays Monday – Friday from 9am to 7pm (Eastern Time). You can request a quote anytime.

In other words, each Medigap plan is exactly the same. Senior Healthcare Direct will provide you with every available price from all major Medicare insurance carriers. Click the get quote button below and start saving today!

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Videos of Medicare Supplement Plans in Your States

Watch a video to learn about the “Standardized” Medigap plans in your State. These videos reference your specific State and the Medicare & You handbook you received. Watch a video by clicking your State link. Medicare Supplement rates are provided in the following states: Illinois, Michigan, Montana, Virginia, and Texas.

medicare 2020

Medicare 2020: Medicare Advantage vs. Supplement Plan, which is better?

Compare Advantage Vs. Medicare Supplement

In the Medicare 2020 chart below, the red letters are disadvantages and green letters are advantages. The chart gives you a side by side comparison of Medicare Advantage verses Medicre Supplement.

Embed and download Medicare 2020 – Medicare Advantage vs Medicare Supplement

2020 Medicare Advantage vs Medicare Supplement

Medicare Advantage has a smaller, local network of providers. While Medicare Supplement network has over 800,000 providers nationwide. You must have Medicare Part B and pay $198 deductible for a Medicare Advantage plan. However, a Medicare Supplement plan pays the 20% co-insurance expense of Medicare Part B and the deductible of Part A ($1408 in 2020). Medicare Advantage has set co-payments. While Medicare Supplement covers your co-pays for hospital stays, skilled nursing facility care, hospice and home health care. Essentially, Medicare Supplement fills the holes in Medicare so you don’t have any surprise bills. That’s why it is also called Medigap. For example, when you go to the hospital, the Supplement plan pays your $1408 deductible. However, Medicare Advantage charges you around $300 per day each day for days 1-7. As a result, spending a week in the hospital with Medicare Advantage will cost you $2,100.

Referrals and Underwriting

Medicare Supplement plans have consistent benefits from year to year. On the other hand, Medicare Advantage plans may change their benefits. So you will have more homework to review upcoming Advantage plans. Medicare Supplement plan require no referrals. So you can quickly go to any doctor or hospital without a referral or prior authorization. However, HMO Advantage plan requires you to get referrals. There is no medicare underwriting requirements for Supplement plan as long as you apply within your initial 6 month enrollment period (get more details on Medicare Supplement plan). Likewise, all health conditions are accepted except End-Stage Renal Disease (ESRD) before 2021. However, the ESRD restrictions will be removed in 2021.

Premiums

Medicare Advantage plans have lower monthly premiums. However, you will pay extra every time you use your benefits by paying fixed co-payments and co-insurance. Moreover, you will continue to pay for benefits until your reach your maximum out-of-pocket limit of about $7,000. On the other hand, Medicare Supplement plans have higher monthly premiums. However, the plan pays all copays and co-insurance costs for Medicare covered services. In other words, you total out-of-pocket equals your annual premium amount. Therefore, you get a predictable monthly expense.

Prescription Drugs

Medicare Supplement require you to add Medicare Part D plan to cover prescription drugs. To avoid late enrollment penalty, you want to enroll in Medicare Part D during your initial open enrollment period October 15 – December 7. If you missed open enrollment, the new open enrollment is January 1 – March 31, 2020. Click here for details on Medicare New Enrollment 2020. Most HMO Medicare Advantage plans cover prescription drugs. Likewise, PPO and PFFS plans may also cover prescription drugs.

Medicare New Enrollment 2020

Medicare New Enrollment 2020

Medicare Advantage New Enrollment 2020

Want to change your Medicare Advantage coverage for 2020? Medicare announces new open enrollment dates for 2020: January 1 – March 31, 2020.

Your Medicare Advantage plan change will take effect the month after you submit your enrollment.

Enrollment / plan change options:

  • Switch from Medicare Advantage to Original Medicare plus a Part D plan
  • Switch from one Medicare Advantage plan to another

You can only switch or change your plan one time between January 1 and March 31, 2020. In other words, once you make a change you can not change it until the next enrollment period.

Medicare Part A / Part B New Enrollment 2020

You can enroll in Medicare Part A and Part B between January 1 to March 31, 2020. Your Medicare coverage will take effect on July 1, 2020.

Enrollment / plan change options:

  • General enrollment for Medicare Part B – for people who did not enroll last in 2019. A late enrollment penalty may apply.
  • Medicare Part A general enrollment period – for people who pay premiums for Medicare Part A and did not enroll in 2019 (late enrollment penalty may apply).

Medicare beneficiaries who enroll in Medicare Parts A and B will have 3 months (April through June) to enroll in Part D plan to supplement their coverage.

Shop and Save on Medicare Coverage in 2020

Senior Healthcare Direct is happy to help you shop your Medicare plan for 2020. It is easy to get a quote to compare plans with all top Medicare carriers. We can help you get the most cost effective plan that fits your needs in 2020. Click the get quote button to shop and save today.

medicare enrollment period 2020