Medicare Advantage & Medicare Supplement Plans

Call Now To Begin A Medicare Supplement or Medicare Advantage Quote

We connect individuals with insurance providers and other affiliates to give you, the consumer, an opportunity to get information about insurance and connect with licensed insurance agents. By completing the quotes form or calling the number listed above, you will be directed to a partner that can connect you to an appropriate licensed insurance agent who can answer your questions and discuss plan options.

How Health Insurancely Works

1.

Call our toll free number and we will connect you. Since we work with multiple health insurance carrier providers & brokers we will connect you with a licensed health insurance agent you can help you with your Medicare needs.

2.

The licensed insurance agent can go over various Medicare advantage and Medicare supplement options that meet your needs. Feel free to ask any important questions as they can best guide you to make an informed decision.

3.

Purchase your Medicare advantage or Medicare supplement plan from the provider we have connected you with. Purchasing Medigap or Med Advantage really is that simple!

Why Health Insurancely?

We assist in the confusing world of Medicare. Our services connects you with one of our partner insurance agents who will help determine your eligibility and provide you with quotes for Medicare Advantage or Medicare Supplement plans. When an American citizen turns 65 years of age, they have the option to enroll in Medicare (they may also qualify before the age of 65 if they are eligible for disability benefits).

Please note, that original Medicare, Part A and Part B, is a government health insurance program for those who qualify by age or disability. Part A is hospital insurance, and Part B is medical insurance. There are some out-of-pocket costs associated with Original Medicare, such as copayments, coinsurance, and deductibles.

Medicare Advantage plans offer an alternative way to receive your Medicare benefits through a private, Medicare-approved insurance company. Whereas Medicare Supplement (or Medigap) insurance plans work alongside your original Medicare coverage.

MEDICARE ADVANTAGE PLANS

Medicare Advantage plans offer an alternative way to receive your Medicare benefits through a private, Medicare-approved insurance company. They must include all your Medicare Part A and Part B coverage (except hospice care, which is covered under Medicare Part A), but may offer additional benefits not included in Original Medicare.

Medicare Advantage Plans (also known as Medicare Part C) provide your Medicare Part A and Part B benefits (Parts A & B), along with additional medical coverage, all in one convenient private insurance plan. The additional coverage helps limit, and helps pay for, your out-of-pocket medical expenses.

Unlike Medicare Part A and Part B, many Medicare Advantage plans may also include coverage for prescription drugs (also known as Part D). Medicare Advantage plans may also include dental, vision, and other benefits. Since every plan varies, it is important to understand what your plan covers before signing up.

Most Medicare Advantage Plans tend to be either HMOs or PPOs. HMOs involve using a set of in-network doctors, specialists and hospitals. They typically require you to coordinate your care through a primary care physician, who can refer you to specialists when needed. PPOs tend to have larger networks and do not typically require referrals for specialists. Since Medicare Advantage HMOs and PPOs provide most of your health coverage in a single plan, they can seem similar to the insurance you may have had through an employer.

Medicare Advantage plans can help to reduce the amount you pay out-of-pocket for health care. Medicare Part A and Part B requires you pay for 20% of medical costs when needing outpatient care. It also requires you to pay a set fee per day when hospitalized for 60 days or more, which can vary depending your plan. Further, there is no cap on your out-of-pocket costs. There also is no coverage for prescription drugs, meaning you pay for 100% of costs at the pharmacy.

Medicare Advantage plans can help pay for all of these out-of-pocket costs, with many plans including prescription drug coverage. They also place a “worst-case” maximum limit on your out-of-pocket costs. These limits vary from plan to plan, but can be very affordable. Medicare Advantage maximum out-of-pocket limits can keep your costs both affordable and predictable.

Some people may prefer Medicare Advantage over Medigap because they enjoy the convenience of having one plan. Medigap plans work on top of, or in addition to, Medicare Part A and Part B. Medicare Advantage plans replace Medicare Part A and Part B, and often include additional benefits.

SUMMARY
  • Medicare Advantage allows you to receive Medicare benefits through a provide Medicare-approved insurance company
  • Medicare Advantage is also known as Part C.
  • Medicare Advantage also provides Part A & Part B benefits along with additional medical coverage
  • Some Medicare Advantage plans also include prescription drug plans which is also known as Part D
  • Medicare Advantage plans can help reduce the amount you pay out-of-pocket

Medicare Supplement Insurance

Medicare Supplement Insurance is also known as Medigap. Medicare Supplement Insurance is offered by private insurance companies. Medigap helps fill the coverage “gaps” left open by Medicare Part A and Part B. There are 10 types of Medigap plans. They are Plans A, B, C, D, F, G, K, L, M and N. Not every insurer offers all 10 plans, and prices can vary, but the amount of coverage is the same across companies.

Many can find Medicare Part A and Part B to have too many “gaps” in coverage. Supplementing your coverage with a Medigap plan may help to reduce the amount you pay out-of-pocket when using medical services. Multiple or extended hospitalizations (60 days or more) could potentially costa lot of money out of pocket. So could just one or two outpatient procedures. That is why it may be more cost effective to purchase a Medigap plan, even when factoring in the monthly premium.

Some Medigap plans may also provide you with additional coverage, such as emergency health care when you are travelling internationally, and care at a nursing facility.

SUMMARY
  • Medicare Supplement Insurance is also known as Medigap
  • Medigap helps fill coverage gaps left out by Medicare Part A & Medicare Part B
  • Medigap can help reduce the amount you pay out-of-pocket

Medicare Prescription Drug Plans

Medicare Part A and Part B does not include coverage for prescription drugs at the pharmacy. Fortunately, the government has allowed certain private insurers to offer Medicare Prescription Drug plans (also known as Medicare Part D).

There are two types of Part D plans. The first type is Medicare Advantage Prescription Drug Plans (MAPDPs). This type of coverage is included as part of a Medicare Advantage plan, so you will only be able to access this plan’s coverage if you enroll in a Medicare Advantage plan (also known as Medicare Part C).

The other type is standalone Prescription Drug Plans (SPDPs). This is the type of coverage you get separately along with Medicare Part A and Part B. So, you have two choices for drug coverage: Medicare Part A, Part B, and a standalone prescription drug plan (Medicare Part D), or Medicare Advantage with a Medicare Advantage Prescription Drug Plan.

You must be eligible for Medicare Part A and Part B to get a Medicare Prescription Drug plan.

SUMMARY
  • Must be eligible for Medicare Part A and Medicare Part B to get a Medicare Prescription Drug plan.
  • Medicare Prescription Drug plans are referred to as Medicare Part D plans
  • The first type is Medicare Advantage Prescription Drug Plans
  • The second type is standalone Prescription Drug Plans

MEDICARE PART A & B

Medicare Part A and Part B is the health insurance coverage provided by the government. Part A is for inpatient or hospital coverage and Part B is for outpatient or doctor’s office coverage. To be eligible, you must be 65 years old, and have paid federal taxes for at least 10 of your working years,or under 65 years old with certain disabilities. You can enroll in Medicare Part A and Part B during the Initial Enrollment Period. The Initial Enrollment Period is the 7 months surrounding your 65th birthday (3 months before you turn 65 years old, the month you turn 65 years old, and 3 months after you turn 65 years old). If you miss the Initial Enrollment Period, you can sign up during the General Enrollment Period, which is between January 1 and March 31. Unfortunately, you have to wait until July 1 for your coverage to begin. Additionally, you could pay higher premiums when you purchase supplemental coverage from a private insurer. If you or your spouse are currently over 65 and have health coverage through your employer, you may be eligible to get Medicare Part A and Part B during the Special Enrollment Period. The Special Enrollment Period will begin once your employer-based coverage expires.

SUMMARY
  • Medicare Part A and Part B is the health insurance coverage provided by the government
  •  To be eligible, you must be 65 years old
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