Getting Additional Medicare Coverage

You’ve got your Medicare card.  Now what?

Now you need to decide if you want to get some additional coverage, since neither Part A nor Part B cover prescription drugs on an outpatient basis.

Additionally, Part A and Part B have co-payments and coinsurance and there is no annual out-of-pocket maximum.

One of the options is to look at a Medicare Supplement plan, which is secondary to Original Medicare. Medicare Supplement plans also do not cover prescription drugs on an outpatient basis, so you’ll still need to get a prescription drug plan.

The prescription drug plan and Medicare Supplement plan will also have premiums, and those could range anywhere from $125 on upwards. As we get older, of course, those premiums do increase.

                     *OR*

The other option is to get a Medicare Advantage plan.

A Medicare Advantage plan is also known as Part C. Part C combines both A and B into one plan, includes prescription drugs most of the time, and offers some additional benefits.

The nice thing about a Medicare Advantage plan is that it can be offered in your area for probably as low as a zero monthly premium and it can go up from there.

There are quite a few different plans that have varying premiums depending on which county and state you live in.

Here in North Carolina and South Carolina there is a variety of plans.  Again, that ranges from zero to $50 per month or even a bit more.

I’d be happy to work with you to find the right Medicare options for you. I’m local here in Charlotte.

I believe everyone deserves to have a local agent help them with their Medicare plan.  It’s too big a decision to leave to chance and the wrong decision may not give you the results you desire.

Let’s work together and find the best plan for you.

 

Let's work together

Having a local professional agent who knows you by name and understands your circumstances can advise you through your entire Medicare journey, and updating you on plan changes that could affect your coverage is invaluable.  So, let’s work together and find the best plan for you.