Call Now! 530-895-0110

Medicare Supplements

Medicare Supplement Plans – An Overview

Original Medicare or Medicare Insurance pays for about 80% of covered medical expenses for Medicare recipients. Medicare recipients are people over age 65 or people under age 65 with certain disabilities. Medicare Supplements, also known as Medigap policies, are insurance policies designed to help cover the 20% that Medicare does not cover.

Supplement plans are standardized plans identified by the letters A-N (with the exception of letters E and H-J which were eliminated by the government). Depending upon the Medicare Supplement plan chosen, the benefit amount will vary.

Click Here To View Medicare Plan Comparison Chart

Each plan is guaranteed renewable as long as the premium is paid and the Medicare beneficiary does not provide any medical misrepresentations.

Medicare Supplemental Insurance Coverage General Guidelines:

  • A Medicare Supplement Plan (also referred to as a MediGap policy) is sold by private insurance companies to help fill the gaps within the original Medicare Plan. Medicare Supplement plans are subject to federal and state mandates; they are not governed by CMS.
  • Medicare Supplement Plans are standardized plans identified by the letters A-N (with the exception of letters H-J which were eliminated by the government). Depending upon the Medicare Supplement plan chosen, the benefit amount will vary. Each plan is guaranteed renewable as long as the premium is paid and the Medicare beneficiary does not provide any medical misrepresentation.
  • A beneficiary may use any licensed doctor or hospital in the United States that is eligible to receive reimbursement from Medicare.
  • Individual Medicare Supplement plans have a “free look” period. Applicants can return the policy within 30 days of it’s delivery and receive a refund of the plan premium.
  • Medicare Supplement plans are medically underwritten unless the applicant meets open enrollment and/or guarantee issue requirements.
  • Pre-existing conditions limitations apply in certain situations.
  • Medicare Supplement plans that are currently available do not offer prescription drug coverage. An individual may purchase a separate pharmacy plan or Medicare Part D prescription drug plan.

Using an insurance agent, like Brines Insurance, brings power to you as a consumer.  Our Medicare Coverage experts will look at the drugs that are covered, the service quality, in addition to premium costs to find the plan that is best for your needs and your budget.  Give our friendly and knowledgeable staff a call today and answer questions you may have regarding your Medicare Insurance needs.