Heartland Health Insurance realizes that navigating the world of Medicare supplemental insurance can be a dizzying experience. With all of the options available and nuances to each plan, it’s a lot to digest.
The good news is, we are here to help!
Since 2005, we have worked with a large number of Medicare recipients to help them choose the very best supplemental policies for their individual needs.
Our goal is to help our clients’ reduce the financial burden of medical expenses, by analyzing and choosing the best plan(s) available based on their budget.
In addition, we are able to source plans from a variety of the country’s most reputable insurance providers; such as United Healthcare, Mutual of Omaha, Aetna, Cigna, Blue Cross Blue Shield and many others.
We dedicated to saving you money while still getting the medical care and treatment you deserve. We have the knowledge and experience to help you weigh your options, and choose the best plan for you or a loved one.
Jacob has over 15 years of experience helping peopl like yours get the best medicare supplement insurance plans available.
Medicare Supplemental Insurance, also referred to as “Medigap” or “MedSupp”, is a private insurance policy that helps pay for healthcare expenses that traditional, government sponsored Medicare Part A and B don’t cover.
In most states there are 10 different plans available. The names of the plans range from “Part A” to “ Part N”, and they all have varying benefits and coverage.
The nice thing is that from state to state, each individual plan has similar benefits even when offered by different insurance companies. For example, a Medicare Plan G in California will have almost identical benefits to Plan G offered in New York. However, since they are offered by private insurance companies, the premiums will likely differ.
All medicare supplemental plans are regulated by federal and state governments, and each insurance company can choose which plans to offer and when.
- Helps to cover out of pocket expenses, such as copays, coinsurance, and/or deductibles
- Administered by a private insurance company, not the federal or state government
- Monthly premiums are paid in addition to your Part B premium
- Each policy only covers 1 person, not couples or families
- Able to be renewed regardless of health or medical issues
Medicare supplemental insurance helps reimburse you or your healthcare providers for many of your typical out of pocket medical expenses, such as copays, coinsurance, and/or deductibles. Therefore, these policies aren’t like most health insurance plans, which cover the actual medical visits, tests and procedures.
Each month you pay a premium in exchange for the plan, and the plan benefits can vary greatly. In order to be eligible for medicare supplements, you must already be enrolled in Part A and B.
Typically, we advise our clients to select a policy during the “Open Enrollment Period”. During this time, benefits can’t be restricted based on a pre-existing condition, but your plan may have a waiting period before certain medical treatments will be covered.
Enrolling during open enrollment is not mandatory, you can sign up at any time. Please note, seniors covered by Medicare Part C or Medicare Advantage are not eligible to purchase a Medicare supplemental policy.
There are a number of advantages to having Medicare Supplemental Insurance, which can give you greater financial peace of mind.
Major Advantages of MedSupp:
- Benefits are available at a wide range of doctors and hospitals
- Seeing a specialist doesn’t require a referral by another doctor
- Out of pocket expenses are more predictable and budget friendly
- Supplemental coverage is available all across the US
- All policies have guaranteed renewals and are not subject to any new health problems or conditions you may develop
- Benefits get filed along with Medicare automatically, so there are no additional claims or paperwork required
Many of our clients love the fact that they are able to visit their preferred provider and get the quality care they deserve, all the while mitigating their out of pocket medical expenses.