A convenient option offered by private insurance companies which bundles Parts A, B, and sometimes D into one package, with added benefits that may include hearing, dental, vision, a no cost gym memberships and more!
These plans are unique because they often have a very low or $0 monthly premium.
Much like putting the pieces of a puzzle together, these standalone plans offered by private insurance companies, are added on separately to your Original Medicare Parts A & B coverage.
While these plans incur additional monthly premiums, they can offer more freedom and lower out of pocket costs throughout the year.
A separate, standalone drug plan that is offered by private insurance companies designed to cover the costs of some of your prescriptions. This type of coverage is required when you first become eligible for Original Medicare.
Or, if you'd like to learn the basics of Medicare, click here to go to our Original Medicare FAQs
Below is a complete list of the Medicare Advantage & Medicare Supplement carriers we represent.
Click the links below to discover what Medicare products are available in your area:
Not finding what you're looking for? Feel free to contact us today, and we'd be happy to help!
Original Medicare is the federal health insurance program designed specifically for seniors who are U.S. citizens or legal residents age 65+, for certain persons younger than 65 that have been disabled for two years, or those with End-Stage Renal Disease. Original Medicare consists of two parts, A & B which cover:
You become eligible to enroll in Medicare when you turn 65 or have been fully disabled for two years. Some people will be automatically enrolled in Parts A & B, while others must enroll themselves. Once you become eligible, the initial enrollment period is a 7-month timeframe that includes the three months prior to your birthday, the month of your birthday, and the three months after your birthday.
Set up your free account at ssa.gov to get an estimate of your Social Security benefits and to register for your A & B benefits. Remember, you must also buy either a standalone Part D drug plan or a Medicare Advantage plan with drug coverage, otherwise you may incur a penalty.
Medicare Enrollment runs from October 15th - December 7th every year. Beneficiaries have the option to auto-enroll to stay in their current plan, enroll in a new plan or go back to Original Medicare Parts A & B. Go here why we suggest not auto-enrolling before speaking to a licensed broker.
Yes, you are required to have a qualifying drug plan in place once you become eligible for Medicare, or you may face a penalty if you are without coverage for more than 63 days in a row after turning 65. Part D prescription drug coverage is not included in Original Medicare, which means you will need a pay a separate premium to have a plan that covers the cost of your prescription drugs.
Special Enrollment Periods depend upon certain circumstances, and may be available outside the usual enrollment periods year-round. Some ways you may qualify for a Special Enrollment Period include:
There may be help available to you if you meet certain low-income requirements. You may qualify for:
Medicare Advantage is a "bundle of services" offered by private insurance companies which include your Part A & B coverage, sometimes Part D coverage, and often times many added benefits that are not included in Original Medicare, such as hearing, dental, vision, complimentary gym memberships, and more! The other advantage to having a Medicare Advantage plan is that your out-of-pocket expenses for covered services are capped (varies by plan and company), whereas Original Medicare has no such cap and out-of-pocket expenses are unlimited.
Many Medicare Advantage Plans have a $0 monthly premium. If you choose a plan that does have a monthly premium, it is generally still very low.
* Remember: Any monthly costs are in addition to your monthly Part B premium.*
The Medicare Annual Enrollment Period runs from October 15th - December 7th every year. Beneficiaries have the option to auto-enroll to stay in their current Medicare Advantage plan, enroll in a new plan or go back to Original Medicare Parts A & B. Go here why we suggest not auto-enrolling before speaking to a licensed broker.
If you are a current Medicare Advantage plan member, you may make a one-time change to your plan by either:
The Medicare Advantage Open Enrollment Period runs from January 1 - March 31.
Special Enrollment Periods depend upon certain circumstances, and may be available outside the usual enrollment periods year-round. Some ways you may qualify for a Special Enrollment Period include:
There may be help available to you if you meet certain low-income requirements. You may qualify for:
Yes! Although many people think they will lose their TFL benefits, that isn't the case at all! In fact, many insurance carriers have created Medicare Advantage plans designed specifically for retired military veterans. These plans are unique because they have been designed to work in tandem with your Original Medicare and TFL benefits, while offering many other additional benefits that only Medicare Advantage has to offer.
Medicare Supplement Insurance, or Medigap, are optional standalone plans that work alongside your Original Medicare Parts A &B. These plans "fill in the gap"of your healthcare where Original Medicare may not cover.
You become eligible to enroll in a Medigap Supplement when you turn 65. There are NO enrollment period restrictions, meaning, you may enroll or choose a new plan at anytime of the year. However, you may be asked a series of health questions, and it is possible to be denied coverage for those 66 and older. Beneficiaries who are age 65 are guaranteed acceptance into a Medigap policy.
Set up your free account at secure.ssa.gov to get an estimate of your Social Security benefits and to register for your A & B benefits. Remember, you must also buy a standalone Part D drug plan, otherwise you may incur a penalty.
Plan benefits are structured uniformly across all 50 states, however the monthly premiums will vary from company to company. As an example, a Plan N Supplement in New York state must have the same coverage benefits as a Plan N in Nevada, however the monthly premium will vary between those states. Similarly, a Plan N in the same state may be offered by many companies, but the premium prices will likely differ. And keep in mind, Medigap Supplement plan premiums are paid separately and in addition to your Medicare Part B & D monthly premiums.
*Also, as a special note, if you are enrolled in a Medigap Supplement, you may elect to switch to a a different insurance company at any time of the year without penalty.
Yes, you are required to have a qualifying drug plan in place once you become eligible for Medicare, or you may face a penalty if you are without coverage for more than 63 days in a row after turning 65. Part D prescription drug coverage is not included in Original Medicare, which means you will need a pay a separate premium to have a plan that covers the cost of your prescription drugs.
There may be help available to you if you meet certain low-income requirements. You may qualify for:
Yes, you are required to have a qualifying drug plan in place once you become eligible for Medicare, or you may face a penalty if you are without coverage for more than 63 days in a row after turning 65. Part D prescription drug coverage is not included in Original Medicare, which means you will need a pay a separate premium to have a plan that covers the cost of your prescription drugs.
There may be help available to you if you meet certain low-income requirements. You may qualify for:
We've got more answers!
When it comes to your healthcare choices, you deserve to have a trustworthy advocate on your side. Medicare can be a complicated issue, and because of that, we are committed to taking the time to understand your needs and get you in the right plan (or keep you in the right plan).
If you're ready to speak with someone who can help simplify the process and clearly explain your options, please click the button below to request a free, no-obligation policy review. Or, if you just need a question answered, we'd be happy to help with that too!
Contact us today so we can get right to work for you!
Sign up today to stay connected with the latest from me & my team!
Re-fire LLC DBA Aaron Yzaguirre Insurance Services
8865 Grissom Road, San Antonio, Texas 78251, United States
Copyright © 2022 Aaron Yzaguirre Insurance Services - All Rights Reserved.
Powered by GoDaddy
I'm here to be a trusted resource for all your life and health insurance needs!
We use cookies to analyze website traffic and optimize your website experience. By accepting our use of cookies, your data will be aggregated with all other user data.