Know Your Coverage Options
Medicare Gap Insurance is dedicated to streamlining the insurance shopping process. We created the diagram below to display insurance options in an easy to comprehend way.
STEP 1: Original Medicare
- Most people do not pay a premium for Part A (Hospital Insurance). This is also known as “premium-free Part A. If you or your spouse paid Medicare taxes for less than 10 years total, you will have a monthly cost for Part A of $458 (2020) per month.
Medicare Part B (Medical Insurance) helps cover:
- Services from doctors and other health care providers
- Clinical research
- Home health care
- Ambulance services
- Mental health (inpatient, outpatient, partial hospitalization)
- Outpatient care
- Durable medical equipment
- Some preventive services
STEP 2: Coverage Options
- You are required to have Part A and Part B.
- A Medigap policy is limited to just one individual. Spouses must purchase a separate policy.
- It’s essential to compare Medigap policies since the expenses may differ and costs might go up as you get older. A few states limit Medigap premium costs.
- You can’t have prescription drug coverage in both your Medigap policy and a Medicare drug plan.
- In addition to your monthly Part B premium that you pay to Medicare, you pay the private insurance company a premium (monthly, quarterly, semi-annual, or annual).
Covers all or some costs not covered by parts A & B
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- Benefits included in parts A & B of Medicare
- May include prescription drug coverage (typically)
- May have extra benefits such as fitness membership, dental, or vision coverage (not included in Medicare)
- Must follow Medicare rules
- Run by private insurance companies approved by Medicare
Dental and vision medicare gap insurance.
Confusing? We know. Get a Free Personal Consultation.
We can meet with you at a place of your choice and assess your needs.
Confusing? We know. Get a Free Personal Consultation.
We can meet with you at a place of your choice and assess your needs.
Frequently Asked Questions
You will only hear from us, receive correspondence from us, and work with us. We do not share information with any other site or service. Our relationship with you is personal to us and we want to keep it that way.
Back to QuestionsIt’s 100% Free! We are compensated by the different carriers when you enroll in a plan
Back to QuestionsNo, depending on what state you live in, your gender, your age, even your zip code will determine the carrier that may fit you best. We do not recommend carriers; we make sure you are educated about the criteria that will affect your decision and then assist you in enrolling with that carrier.
Back to QuestionsWe work with over 30 carriers but have even helped enroll individuals with carriers we do not work with.
Back to QuestionsA licensed Medicare Advisor is available to assist with your questions.
Back to QuestionsMedicare is the federal health insurance program for:
People who are 65 or older
Certain younger people with disabilities
People with End-Stage Renal Disease (permanent kidney failure requiring dialysis or a transplant, sometimes called ESRD)
Source: https://www.medicare.gov/what-medicare-covers/your-medicare-coverage-choices/whats-medicare