Medicare Supplements can help fill in the gaps that original Medicare leaves which is why they are sometimes referred to as Medi-gap plans.
When it comes to Medicare Supplemental Insurance, there are many different options to choose from to ensure you are well-covered, but how do you know which plan is right for you?
That is why you need the help of a Certified Senior Advisor like Kristen Maurice to help you navigate the sometimes confusing world of Medicare.
When it comes to filling in the gaps to your original Medicare plan, you can rely on Acuity Health Advisors!
What Does a Medicare Supplement Cover?
Do Medicare Supplements Cover Prescription Drugs?
No, Medicare Supplements do not cover prescription drugs, except those that might be covered by Part B. However, you can purchase a separate Part D Prescription Drug plan, usually for a very low monthly premium. For more information about Part D Prescription Drug plans, give us a call. We would be happy to assist you!
Do Medicare Supplements Cover Pre Existing Conditions?
Medicare Supplements are issued by private insurance companies, so they do have the right to underwrite, or look at your medical records, to decide if they will accept you in a plan or increase your premium.
However, during your Open Enrollment Period, Medicare supplement companies cannot use your pre-existing conditions against you. Your Open Enrollment Period for Medicare Supplements begins the first day of the month that you are both age 65 and enrolled in Medicare Part B. This period lasts for 6 months and you cannot be denied a Medicare Supplement plan during this time.
If you choose to enroll in a plan outside of your Open Enrollment Period, you may or may not have a guaranteed issue right.
You may have a guaranteed issue right if…
- You leave your employer that was providing insurance coverage.
- You move out of the service area of your plan and have lost coverage.
- Your Medicare Advantage plan or Medicare Supplement plan carrier has gone bankrupt.
If you qualify for a guaranteed issue right, a Medicare Supplement plan cannot deny you coverage, but you must sign up before your current coverage ends or within 63 days.
If you do not qualify for a guaranteed issue right, the Medicare Supplement company will ask you medical questions on your application, along with reviewing your medical records. They have the right to deny your enrollment into a plan if they feel you do not qualify.
There is no Annual Enrollment Period for Medicare Supplements. In most areas, you may enroll at any time.
How Do I Get Assistance with Enrolling in a Medicare Supplement?
Our consultations are always no charge to you, and you are never under any obligation to enroll in a plan.