Medicare Advantage Plans & Medicare Supplement Plans

Medicare Advantage Plans & Medicare Supplement Plans
Medicare Advantage Plans

Friday, January 22, 2010

Medicare Supplemental Insurance Comparison Done Right

Medicare Supplemental Insurance Plans work in conjunction with the traditional Medicare Plan. You must have Medicare Part A and Part B in order to be eligible for a Medicare Supplemental Insurance Plan. Your application will be accepted if you are 65 or older and apply within six months of your initial enrollment in Plan B of Medicare.

You select a plan when you are first eligible for Medicare. Each year, during the Annual Election Period from November 15 through December 31, you can review your health care and prescription drug needs and switch to a different plan.

Before You Start Your Medicare Supplemental Insurance Comparison, You Need To Be Prepared:

  • Gather all of your personal information on your current health care and/or prescription drug coverage
  • Make a list of the drugs you currently use

  • Write down your desired coverage

  • Calculate the maximum premium you can afford

  • Decide whether a Medicare Supplement Plan or a Medicare Advantage Plan is right for you

  • Compare and select different plans

  • Select the plan that will best meet your health care needs

Before you do your Medicare Supplemental Insurance Comparison, make sure you learn about the important changes to Medicare Supplemental Insurance plans in 2010!

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