Medicare Supplement

Health care expenses can add up and be a burden, particularly if you’re on a fixed retirement income. Health care and out-of-pocket costs for Medicare participants are also on the rise, making the need for supplemental insurance even greater.

Private insurance companies offer supplemental insurance policies that work with Medicare Parts A and B, the federal health insurance program for people age 65 and older (in some states, policies are available to disabled individuals under the age of 65).

Medicare Part A (hospital insurance) helps pay for:

• Inpatient hospital care
• Skilled nursing facility care
• Hospice care
• Certain home health care services

Medicare Part B (medical insurance) helps pay for:

• Physician fees
• Outpatient hospital services
• Durable medical equipment
• Some preventive services

With Medicare Parts A and B, you’re required to pay deductibles and coinsurance for Medicare-provided services. Medicare Supplement plans are designed to help pay for costs like deductibles, copayments and coinsurance that you would typically pay out of your own pocket. The costs and benefits will depend on which Medicare Supplement plan you select.

Here are a few more reasons to enroll in a Medicare Supplement plan:

• It helps pay the portion of approved expenses not covered by Medicare.
• With no network, you can choose any doctor or hospital that accepts Original Medicare.
• Coverage is guaranteed if you enroll in the first six months of Medicare Part B eligibility.
• Coverage is guaranteed to renew each year (unless you fail to pay premiums, make untrue statements or commit fraud).

Contact Mandy and we'll help you consider the variables, lay out the options and make the process comfortable and efficient.