Medicare Doesn’t Cover Everything

Medicare Supplements sometimes referred to as Medigap plans pay health care costs that Medicare does not cover (deductibles, coinsurance, and co-payments). If  Medicare is your only coverage and you have to go into the hospital, you are responsible for paying the Part A hospital deductible of $1,364.  Part B of Medicare only covers 80% of the cost for your doctor office visits and outpatient medical care. Without a Medicare Supplement, you have to pay the other 20%, and Medicare does not put a cap on what you could owe. That is why it is essential to enroll in a Medicare Supplement to keep your out-of-pocket cost low and predictable. Treatment of severe illnesses such as cancer or chronic health conditions such as diabetes can leave you responsible for thousands of dollars in medical bills if you do not have a Supplement. It could quickly wipe out the money you have set aside for your retirement. Most people as they get older need to use more and more health care services.

With most Medicare Supplements offered in Alabama, you have the freedom to go to any doctor or hospital in the United States that accepts Medicare patients. You can see specialists without a referral, and your coverage goes with you when you travel anywhere in the U.S. Medicare Supplements do not cover prescription drugs, so you’ll need to enroll in a Medicare Part D Prescription Drug Plan. To apply for a Medicare Supplement, you have to be enrolled in both Medicare Part A and Part B.

Don’t Miss This Opportunity

The best time to enroll in a Medicare Supplement is during your Open Enrollment Period. When you first activate your Medicare Part B at age 65 or older, you have a one-time six month period to enroll in any Medicare Supplement Plan offered in Alabama without having to answer health questions. Your acceptance is guaranteed, and pre-existing health conditions receive full coverage immediately. Once your Open Enrollment Period ends, you can apply for a Medicare Supplement later, at any time but you must answer all health questions and could be denied coverage because of pre-existing health conditions. Take advantage of your Medicare Supplement Open Enrollment Period where health conditions won’t matter then or in the future. Call me with any questions you have about Medicare and get expert advice at no cost or obligation.