Original Medicare doesn’t cover everything. Without additional coverage beyond Original Medicare (Parts A & B), gaps in coverage like copays, deductibles, and coinsurance become your financial responsibility. A Medicare Supplement, also known as “Medigap” is a type of health insurance that covers these gaps in coverage.
When you have a Medigap policy, Medicare will pay for its portion of your medical expenses first. Your Medicare Supplement policy will then pay its share of the expenses not covered by Original Medicare. Depending on the policy you choose, your Medigap plan may cover all the remaining costs.
There are a variety of Medigap plans that provide varying deductibles, out of pocket limits, and cost-sharing. Each Medigap plan type is identified by a specific letter. These plans include A, B, C, D, F, Hi F, G, Hi G, K, L, and N.
All Medicare Supplement plans are standardized. Each lettered plan provides the same set of benefits from carrier to carrier. A Medigap plan C offered by one insurer will provide the same benefits as a Medigap plan C from another insurer. When comparing Medigap plans with the same letter from carrier to carrier monthly premiums and ancillary benefits are the variables to consider.
Alpine Agency is proud to offer a wide selection to ensure you get the plan that best satisfies your needs. A breakdown of plans offered include:
|A||B||C||D||F*||Hi F*||G||Hi G||K||L||N|
|BlueCross BlueShield SC|
|Mutual of Omaha|
**plans are not available for all letters A-N
*Plan F and High Deductible F are only available to individuals who turned 65 before January 1, 2020
Medicare Supplement plans do not cover the cost of prescription drugs, dental, or vision. Many people commonly pair Medigap with a stand-alone Prescription Drug Plan (also known as PDP) to lower out-of-pocket medication costs. If you are already taking medication on a regular basis you may want to enroll in a PDP plan when you first become eligible. If you wait beyond the initial enrollment period you may be subject to federal penalties.
Alpine Agency offers numerous Prescription Drug Plans that vary in coverage and monthly premium. Learn more about Prescription Drug Plans and schedule a zero cost consultation with an experienced Alpine agent.
The Medicare Easy Guide will help you to gain a deeper understanding of how Medicare works. You’ll gain insight into the enrollment process, important deadlines, special enrollment periods, additional coverage options, and more.
Medicare Basics in One Easy Guide
Alpine Agency can help you navigate the complexities of your health care options. Our goal is to give you personalized service and to help you find the plan that best suits your needs and budget.
With so much to learn about insurance, it's good to have an experienced advocate on your side. With Alpine Agency you'll get personalized, one-to-one guidance from a licensed expert every step of the way.
We'll match you up with a local agent who will assist you through the process.
Review all of the healthcare options based on your unique criteria. Enroll with ease!
Be confident in your plan and live your life fearlessly!