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.
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:
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.