The Best Medicare Supplement Plans in Pennsylvania – 2017

The Best Medicare Supplement Plans in Pennsylvania

Medicare Supplement Plans (Medigap Plans) serve the purpose of filling gaps in Parts A and B of Original Medicare. All Medigap plans are standardized and sold by private insurance companies. There are 10 plans, designated by the letters “A” through “N”. Each letter defines a plan’s benefits. Plans are standardized, which means any plan from one insurance vendor has benefits identical to the benefits of the same plan from any other vendor. The difference is just a premium; and it may be significantly different from company to company. That is why knowing about Medigap vendors with the lowest premiums may be of great value to our readers. We would like to share with you the best Pennsylvania Medicare Supplement Rates.

Medigap Plan F is the most popular plan. It covers all Original Medicare gaps and is offered by most vendors. You also may find other plans competitive with Plan F, such as Plan C or Plan G, but they are offered by a limited number of Medigap providers. Recently, Medigap Plan N became quite popular. It has lower premium but requires copayments for visits to doctors and emergency rooms.

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How to save money on a Prescription Drug Plan selection

How to save money on a Prescription Drug Plan selection

People are typically very aware of the costs of Medicare Advantage or Medicare Supplement plans. However, this is not the case of selecting Prescription Drug Plan. How to save money on a Prescription Drug Plan selection? People normally select a plan based on recommendations from friends or family members, rather than on their list of prescriptions. Very often the choice is made on the lowest Monthly Premium, rather than on the lowest Estimated Annual Drug Costs (including premium, deductible and all copayments). Once a plan is selected, people typically carry it in subsequent years instead of reviewing the available Prescription Drug Plans (PDPs) at Annual Enrollment Periods (AEP). Read more…

Medicare Changes in 2017 – Premiums and Costs

he post below describes 2017 Medicare changes for Premiums and Costs for Medicare Part A, Part B as well as for Part D.

Medicare Part A Premiums and Costs in 2017

Medicare changes in 2017 for Part A include:

  • Part A premium (for people who pay a premium)
    • For individuals with 30-39 quarters of Medicare-covered employment: $227 per month ($226 in 2016)
    • For individuals with less than 30 quarters of Medicare-covered employment: $413 per month ($411 in 2016) Read more…

Medicare Annual Enrollment Period 2017

The Medicare Annual Enrollment Period 2017 (AEP 2017) will begin in 3 days. It starts on October 15th and will run through December 7th, 2016. It is the busiest time of year for Medicare clients – the only time you can join, switch or drop Medicare plans. You cannot do it at any other time, unless you are entitled to one of the Special Enrollment Periods (SEP). Notice that the Medicare Supplement (Medigap) is an exception to this rule – you may switch Medigap plans at ANY TIME.  For PDP 2017 changes, review Medicare Prescription Drug Plan Changes 2017.

Your Medicare Annual Enrollment Period 2017 Opportunities

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Medicare Enrollment Periods and their Overlapping

According to Medicare rules, you are not allowed to enroll or disenroll in different parts of Medicare (Part A, Part B, Part C, and Part D) whenever you want. Rather, there are 6 different enrollment periods in relation to the different parts of Medicare. Below we describe Medicare enrollment periods, and rules of applying them when they are overlapping each other.

Medicare Enrollment Periods

Initial Enrollment Period

7-month period that begins 3 months before you turn age 65, or, in the case of disability, 3 months before your 25th month of disability. You can sign up anytime during the Initial Enrollment Period. If you sign up for Part A and/or Part B during the first 3 months of your Initial Enrollment Period, your coverage will start in most cases the first day of your birthday month. However, by waiting until you are 65 or older, your Medicare coverage will be delayed. As long as you’ve signed up for Part A and Part B, you also may use this period to sign for Part C and Part D. Read more…

Medicare Supplement Plans in Illinois – 2016

Medicare Supplement Plans in Illinois

Medicare Supplement Plans in Illinois, also known as Medigap Plans, fill the gaps in Part A and Part B of Original Medicare, such as deductibles, copayments / coinsurances, and excess charges. Without them your Medicare costs could be very high. Medicare Supplement Plans in Illinois are sold by private insurance companies, and like plans in most other US States, they are standardized. There are 10 Standardized Plans, designated by the letters “A” through “N”. Each of them has its own set of benefits, and these benefits are identical for all vendors. In other words, the benefits of Medicare Supplement Plan F from one vendor are the same as benefits from any other vendors. The difference is just a premium, and it may be significantly different from vendor to vendor. That is why knowledge of Medigap vendors and their premiums in your particular area may be quite important. Read more…

Medicare Supplement Plans in Maryland – 2016

Medicare Supplement Plans in Maryland

Medicare Supplement Plans in Maryland, also known as Medigap Plans, fill the gaps in Part A and Part B of Original Medicare, such as deductibles, copayments / coinsurances, and excess charges. Without them your Medicare costs could be very high. Medicare Supplement Plans in Maryland are sold by private insurance companies, and like plans in most other US States, they are standardized. There are 10 Standardized Plans, designated by the letters “A” through “N”. Each of them has its own set of benefits, and these benefits are identical for all vendors. In other words, the benefits of Medicare Supplement Plan F from one vendor are the same as benefits from any other vendors. The difference is just a premium, and it may be significantly different from vendor to vendor. That is why knowledge of Medigap vendors and their premiums in your particular area may be quite important. Read more…

Medigap Plans in Philadelphia, Pennsylvania – 2016

Medigap Plans in Philadelphia, Pennsylvania, also known as Medicare Supplement Plans, serve the purpose to fill the gaps in both Part A and Part B of Original Medicare. Examples of such gaps are deductibles, copayments / coinsurances, and excess charges. Your Medicare costs could be very high without them. Pennsylvania Medigap plans are sold by private insurance companies. There are 10 Standardized Plans, designated by the letters “A” through “N”. Plan’s letter defines set of benefits, they are identical for all vendors. For example, the benefits of Medicare Supplement Plan F from one vendor are the same as benefits from any other vendors. But the premiums may be differ significantly from vendor to vendor. Therefore, the knowledge of Medicare Supplement vendors and their premiums is important. Read more…

Medicare and Current Employer Insurance

To answer on the question “Medicare and Current Employer Insurance – How it works?” you need to know first whether Medicare is primary or secondary insurance. If Medicare is primary, then it pays the bills first, up to the limit of its coverage. The secondary insurance pays only after Medicare paid its share.  If Medicare is secondary, then it pays after the primary insurance paid.  If you do not have primary insurance, the secondary insurance will cover very little of your health expenses, or nothing at all. See more in When Medicare is Primary Insurance. Read more…