(855) 760-2227

Medicare Advantage Plans

Starting At $0/ Month

Just give us a little information,
and find out if you have $0 Premium Plans in your area.

Top 3 Questions to Ask When Shopping for Medicare Supplement Insurance

Are you new to Medicare? If you’re not quite 65, but you’re anxious to explore your options with Medicare supplement insurance, here’s some information that can help. Even if you’re already a recipient of Medicare, taking a few minutes to understand what to look for when choosing a Medicare Supplement Insurance plan is smart.

Medicare Supplement can help you pay for many of the out-of-pocket expenses associated with Medicare, like deductibles, coinsurance, and copayments. But, there’s more to each supplement plan than meets the eye. Knowing what to look for—and what to ask yourself—can help you choose the right plan to fit your needs and budget. Ready to go browsing? Here are the top three questions to ask yourself when shopping for Medicare Supplement insurance.

What are my current and future healthcare needs?

While it’s not always possible to predict the type of health care that you will need in the future, there are some things that you will know ahead of time to help you narrow your choices. For instance, all but two supplement plans include coverage for foreign travel. If you are sure you will not be traveling out of the country, consider looking at plans that do not offer this coverage to potentially reduce your premium.

In addition to thinking about the coverage you don’t need, take some time to identify the coverage you will need. For instance, if a current medical condition requires you to visit your doctor on a regular basis, look for plans that pay the entire Part B coinsurance or copayment amount. 

Which plans best meet my financial needs?

Remember, with all Medicare Supplement insurance, you will be responsible for paying a monthly premium for your supplement plan, as well as your Medicare Part B Premium. And, if you take prescription drugs, you will likely need to purchase Part D, prescription drug coverage. Beyond these three initial costs, any other out-of-pocket expenses will vary, based on which supplement plan you choose. For instance, Plan C and F are the most comprehensive, with coverage for almost all out-of-pocket expenses you are likely to face. While you won’t need to pay each time you visit the doctor, your monthly premium for these plans may be higher than those offering less coverage.

Each plan offers slightly different benefits, with monthly premiums that vary. Think about how much money you can budget for medical care, and compare plans side-by-side to identify the coverage that fits those needs. Find the right combination of benefits that work for your budget, and then shop around to find the best price.

Have I compared the costs of the plans I like at a few different companies?

The federal government standardizes all Medicare Supplement plans. That means that all Plans F or K, or C for example, must include the same benefits, regardless of the company that sells them. This makes it easy for you to compare premium amounts for different plans without having to keep track of benefits. Remember, there are major differences between companies in price. It’s critical that you compare the plans you are interested in at a few different companies in your area. 






Leave a Reply

Your email address will not be published. Required fields are marked *

Testimonial Jenn, Thank you for helping me with this, what I thought was a confusing task, you have made it simple and very pleasant. You are an excellent professional. Once again, you are absolutely the best. Thank you for making it so easy and solving a very unsettled status in my life.” S. Randall, Refugio
Testimonial With Jenn’s help, I found a plan that was perfect for my wife and I retirement needs and saved us money from what we had been paying. Thank you for always answering our questions, calls and emails. C. Richards, Houston
Testimonial Lesli’s professional manner and her ability to explain the policy to me made my decision to select a supplemental policy for my retirement an easy one. I would highly recommend her to my friends. Thank you Ronald Hornburg, Cypress

Latest News

Read all the news

Why Choose Consumers Direct Insurance Services of Texas?

Looking for a unique and genuine insurance experience? We’re here to help! We know that dealing with insurance isn’t always…
Read more

Medicare Part A and B Explained

Like most seniors, there’s a good chance you’ve heard of Medicare – you may even know that it’s a federally…
Read more

Is Medicare a Advantage Good Deal?

Medicare Advantage (MA or Part C), is a popular alternative to traditional Medicare. Since 2010, enrollment increased by 71 percent,…
Read more

Medicare Readiness Checklist

9 to 12 months before you turn 65 Confirm that you are eligible to receive Medicare benefits by calling the Social Security…
Read more

Medicare Annual Enrollment Period – 5 Questions and Answers

The annual Enrollment Period (AEP), is the one time of year when you can make changes to an existing Medicare…
Read more