Compare Medicare Supplement Insurance Plans

You can purchase Medicare Supplement Insurance in many different ways. Most consumers will initially complete much of the research necessary online in order to gain a better understanding of the options available to them. After you feel you are well informed and have been able to get price quotes on several different options, you can then decide to apply for a policy. We work with trusted licensed insurance agents and insurance companies across the country and can help assist you in purchasing a MedigapPolicies plan that you desire. The quickest way to compare plans & prices, and/or enroll is to fill out our online quote form and get started today!

A Medicare Supplement Insurance Plan and a Medicare Advantage Plan are two very different types of insurance that many individuals confuse as being the same. It is important to understand what each plan is and is not in order to purchase/enroll the right coverage for your needs. Put simply, a Medicare Supplement Insurance plan is a secondary insurance plan sold by private insurance companies. This plan type is designed to fill in the “gaps” left by Original Medicare (Medicare Parts A & B). Again, Original Medicare does not cover 100% of everything, and so it is important to consider a Medicare Supplement Insurance plan to fill those gaps. On the other hand, a Medicare Advantage Plan is a type of Medicare health plan offered by a private company that contracts with Medicare. Medicare Advantage Plans provide all of your Part A and Part B benefits. If you enroll in a Medicare Advantage Plan, most Medicare services are covered through the plan. Medicare services are not paid for by Original Medicare. Most Medicare Advantage plans offer prescription drug coverage.

Many people are under the misperception that you can only sign up for a Medicare Supplemental Insurance plan at certain times throughout the year–this is not true. In fact, you can actually purchase for a Medicare Supplement Insurance Plan at any time throughout the year, but may be subject to medical underwriting to decide whether to accept your application.. However, there are some timeframes to be aware of. 1) There is the “Initial Enrollment Period” which is a one time only opportunity lasting 6 months from when you initially get Medicare Part B. During this 6 months, you can purchase a Medicare Supplement Plan through an insurance company with guaranteed acceptance–regardless of your health. 2) If you are losing insurance coverage through an employer or in a similar situation, you may be eligible for a “Guaranteed Issue” period lasting 63 days, in which you can purchase a Medicare Supplement Insurance Plan–again with no health questions asked.