Medicare Supplement Insurance is a private health insurance plan designed to cover the “gaps” left by basic Medicare Parts A & B. When you turn age 65 (or become eligible for disability benefits under age 65) you will obtain Medicare. Basic Medicare is broken down into two parts, consisting of “Part A” and “Part B”. Part A of Medicare is known as your basic hospital coverage. Part B of Medicare is known as your basic medical coverage. Both of these parts to Medicare only pay a portion of your healthcare expenses. That is why it is important to purchase additional Medicare Supplement Insurance to cover what Medicare does not.

As long as you are covered under original Medicare Parts A & B, then you are “eligible” to purchase Medicare Supplemental Insurance. However, you may be subject to answering health questions. If you are within 6 months of initially getting your Medicare Part B coverage, or turning age 65, you will be guaranteed acceptance. Also, if you are losing group health insurance, or a similar situation, you may also be guaranteed acceptance into a Medicare Supplement Plan. In other situations, you may be required to answer health questions. In order to determine what you are eligible for, we advise you to submit your quote request online and we can explain your options.

You can purchase Medicare Supplement Insurance many different ways. Most consumers will initially complete much of the research necessary online in order to gain a better understanding of the options available to them. After you feel you are well informed and have been able to get price quotes on several different options, you will then decide to apply for a policy. We work with all of the top insurance agents and insurance companies across the country and can help assist you in purchasing almost any Medigap plan that you desire. The quickest way to compare plans & prices, and/or sign up is to fill out our online quote form and get started today!

A Medicare Supplement Insurance Plan and a Medicare Advantage Plan are two very different types of insurance that many individuals confuse as being the same. It is important to understand what each plan is and is not in order to purchase the best coverage for your needs. Put simply, a Medicare Supplement Insurance plan is a secondary insurance plan sold by private insurance companies. This plan type is designed to fill in the “gaps” left by original Medicare A & B. Again, Medicare does not cover 100% of everything, and so it is important to purchase a Medicare Supplement to fill those gaps. On the other hand, a Medicare Advantage Plan is a complete replacement of Medicare. If you sign up for this type of policy, you are agreeing to instead follow the rules and regulations of this new Medicare Advantage Company, not Medicare. Many times Medicare Advantage Plans will have networks of doctors, co-pays, deductibles, and more–whereas Medicare Supplement Plans typically have low to zero out of pocket costs other than the monthly premium.