Are you looking for Medicare Supplement Plans for 2017? Before you sign up for one of the available plans or even start to choose an insurance provider, there are a few things you need to know about these plans. They are not all the same, nor are they all different versions of the same plan. There are some major differences that consumers need to be made aware of.
Who is Eligible?
Not everyone is going to be able to apply for one of these plans. If you are not yet 65, then you aren’t eligible yet for any of the Medicare plans. There are some exceptions for people who have certain serious health conditions, so it may be worth looking into if you are not at the eligible age yet but believe your medical conditions may make you eligible.
Once you turn 65, you can start applying for whichever Medicare supplement plan you want. Just know that you have to have some sort of basic Medicare plan before you can actually be approved for a supplement plan. These supplement plans are not meant to be sold on their own.
Compare Plans and Rates Online
Enter Zip Code
Once you meet those two qualifying conditions- age and prerequisite Medicare plan- then you are guaranteed the plan of your choice. The government has ensured that anyone who wants a Medicare supplement plan and is eligible for one us guaranteed the plan of their choice. No insurance provider can turn you down based on any preexisting medical condition.
The Available Plans
Now, you need to know that not every plan is going to offer basically the same thing. There are several different plans to choose from, and each one has something different to offer. There are some coverage items that most of them have in common, but there is something unique about each one, and they are all worth considering for various reasons.
One of the most popular plans of the Medicare Supplement Plans for 2017 is Plan F. More people usually sign up for this plan than any other, and that’s because it offers more coverage than any other. It provides full coverage, meaning it takes care of all supplemental coverage items. These include:
- Three more pints of blood every year
- Medicare Part B co-payment
- Medicare Part A co-payment
- Skilled nursing care coinsurance
- Foreign travel emergency (up to a limit)
- Medicare Part A deductible
- Medicare Part B deductible
- Medicare Part B excess charges
Not one of the other supplement plans covers as much as Plan F, which is why most people choose it. But other plans have their benefits as well. They cover less than Plan F, but they are also less expensive. With Medicare supplement plans, you definitely get what you pay for, and if you want all the coverage of a plan like Plan F, you will have to pay extra for it.
Plans like N and G offer a little bit less coverage, but the savings can be considerable. Plans like A, B, C, D, K, L or M offer even less coverage, but once again, the lower prices may be worth it.
Which plan is right for your needs will depend on how much coverage you require. While it might feel nice to have the full coverage protection of Plan F, that’s really not a sensible choice for the majority pf people. If you are in fairly good health, then a lower coverage plan makes sense. There is no need to pay for coverage you will never have need of.
If you aren’t sure which plan is right for you, just take your time and look at what’s available and what each plan offers. Consider them all in turn and compare the Medicare Supplement Plans for 2017 carefully.
Get Instant Quotes for Medicare Supplement Plans in 2017
Enter Zip Code