Medicare Supplement Policies
Medicare Supplement Insurance, sold by private companies, can help pay some of the health care costs that Original Medicare doesn't cover, like copayments, coinsurance, and deductibles. You must have Medicare Part A and B to be eligible for a Medicare Supplement Policy.
Some policies also offer coverage for services that Original Medicare doesn't cover, like medical care when you travel outside the US. If you have Original Medicare and you buy a traditional Medicare Supplement policy, Medicare will pay its share of the Medicare-Approved Amount for covered health care costs. Then your Supplemental policy pays its share.
Some supplemental policies pay 100% of what is approved but not paid for by Medicare. They are referred to as Medigap or Traditional Medicare Supplement plans covering the GAP between what Medicare Approves and what you are actually charged.
A significant benefit of having a Traditional Medicare Policy is that you have the freedom of choosing who and where to go for your medical care. There are no networks, and no copays. You choose your medical providers and where you go for services.
These plans are not what are referred to as a Medicare Advantage plan (Medicare Part C). Medicare Advantage plans take away your freedom to choose. They have their place but have restrictions you need to understand before you enroll in a Medicare Advantage Plan.
In the State of Florida we have standarizied Traditional Medicare Supplement Plans (Medigap) ...meaning that all companies offer the same plans. There are 12 plans available with Plans C, F and G the most popular. We also have 2 plans with HIGH DEDUCTIBLES that lower your cost considerably. Even though companies may offer the same plans they may have different premiums, ratings , rate increases and service. These are important factors to consider when you are considering purchasing a Medicare Supplement.
For over 30 years, I have been helping many people navigate thru the numerous companies that offer Medicare Supplements to see who offeres the best claims paying ability and most importantly who has the most efficiant and caring customer service. In all my years of writing Medicare Supplements, 99% of all my clients have remained loyal to me and continue to have me do their business. I have hundreds of happy clients , not only because I have offered them good products, but I dont stop there... I continue to help them with any questions regarding their benefits and am available to help with their claims. All of this is important , so feel free to contact me , you will be happy you did.
Judi Woods
239 281-7378