Medicare Supplement Insurance Plans
Any standardized Medicare supplement insurance plan helps with some of the out-of-pocket costs that Original Medicare doesn’t pay. It also offers features such as no referrals needed and no network restrictions *. You may choose to also enroll in a Part D prescription drug plan.
Is Medicare Supplement (Medigap) right for you?
• You’re enrolled in Original Medicare (Parts A and B) and you live in Missouri.
• You want peace of mind knowing you’ll have help with many of the costs that Original Medicare doesn’t cover.
• You ‘d like the flexibility to see any doctor who accepts Medicare, not just the doctors in a network, and without referral.
• You plan to travel in the United States and want to be able to see any doctor who accepts Medicare.
• You see a doctor who charges more than the Medicare-approved amount for care.
• You ‘d like to buy separate dental and vision insurance once you’re enrolled.
• You’re not enrolled in Original Medicare (Parts A and B).
• You have coverage from an employer that pays all or some of the costs that Original Medicare doesn’t cover.
• You have coverage through your union that pays all or some of the costs that Original Medicare doesn’t cover.
• You’re going to sign up for a Missouri Medicare Advantage plan (Part C).
A Medicare Supplement Insurance (Medigap) policy helps pay some of the health care costs that Original Medicare doesn’t cover, like:
Medigap policies are sold by private companies.
Some Medigap policies also cover services that Original Medicare doesn’t cover, like medical care when you travel outside the U.S. If you have Original Medicare and you buy a Medigap policy, here’s what happens:.
• Medicare will pay its share of the Medicare-approved amount for covered health care costs.
• Then, your Medigap policy pays its share.
Our Agents Can Answer Questions & Help You Find A Plan That Fits Your Needs A Medigap policy is different from a Medicare Advantage Plan. Those plans are ways to get Medicare benefits, while a Medigap policy only supplements your Original Medicare benefits. You pay the private insurance company a monthly Premium for your Medigap policy. … A Medigap policy only covers one person.
Medicare supplement plans don’t work like most health insurance plans. They don’t actually cover any health benefits. Instead, these plans cover the costs you’re responsible for with Original Medicare.
These costs can include:.
• Your Medicare deductibles.
• Your coinsurance.
• Hospital costs after you run out of Medicare-covered days.
• Skilled nursing facility costs after you run out of Medicare-covered days.