Medicare Supplement plans help remove some of the guesswork about healthcare costs during your retirement
Medicare Supplement plans strengthen your overall coverage. Medicare is not designed to pay 100% of your medical costs. Medicare doesn’t pay deductibles, copays and non-covered services, such as annual routine checkups. Here's how it works.
To purchase a Medicare Supplement plan you must first be enrolled in Medicare Part A and Part B.
When you become eligible, you receive Medicare Part A from the government – it provides hospital insurance, and requires you to pay the deductible or cost share (coinsurance) for inpatient care.
You buy Medicare Part B from the government - it typically covers only 80% of Medicare’s approved amount for medical care and also has an annual deductible.
When you add a Medicare Supplement plan, you not only improve your coverage, you can see any doctor who accepts Medicare, wherever and whenever you want. You can also count on:
- Rates not increasing based on your age, and individual subscribers can't be singled out for rate increases.
- Feeling safe and secure knowing that your plan is guaranteed renewable.
- Your coverage won't be terminated if your health changes.*
- Paperwork being kept to a minimum.
- Nationwide coverage when you travel.