Medicare Supplement Plans for Grapevine, TX

Medicare is a federal health insurance program for people ages 65 and older, as well as those with certain disabilities. Medicare Supplement Plans, also known as Medigap plans, are private health insurance plans that can help pay for some of the out-of-pocket costs of Original Medicare.

There are 10 standardized Medigap plans available, labeled A through N. Each plan has its own set of benefits, so it is important to compare plans carefully to find the one that is right for you.

Some of the benefits that Medigap plans may cover include:

• Part A coinsurance and deductibles
• Part B coinsurance and deductibles
• Part B excess charges
• Part A and Part B foreign travel emergency coverage
• Blood transfusions (first 3 pints)
• Skilled nursing facility coinsurance or copayment
• Part A hospice care coinsurance or copayment

You pay a monthly premium for Medigap insurance, and you may also have to pay out-of-pocket costs for some services.

Medigap plans can be purchased during your Medigap Open Enrollment Period, which is a six-month period that begins the month you turn 65 and are enrolled in Medicare Part B. After your Medigap Open Enrollment Period, you may still be able to purchase a Medigap plan, but you may have to meet certain health requirements.

If you are considering purchasing a Medigap plan, it is important to talk to a licensed insurance agent who can help you compare plans and find the one that is right for you.

Medicare Advantage Plans in Grapevine, TX

In addition to Medigap plans, there are also Medicare Advantage plans available in Grapevine, TX. Medicare Advantage plans are offered by private insurance companies and they typically offer a wider range of benefits than Medigap plans.

Some of the benefits that Medicare Advantage plans may offer include:

• Part A and Part B coverage
• Prescription drug coverage
• Dental, vision, and hearing coverage
• Wellness programs
• Extra benefits, such as transportation to doctor’s appointments or meals delivered to your home

You pay a monthly premium for Medicare Advantage insurance, and you may also have to pay out-of-pocket costs for some services.

Medicare Advantage plans can be purchased during your Medicare Advantage Open Enrollment Period, which is a seven-month period that begins the month you turn 65 and are enrolled in Medicare Part B. After your Medicare Advantage Open Enrollment Period, you may still be able to switch to a different Medicare Advantage plan, but you may have to meet certain health requirements.

If you are considering purchasing a Medicare Advantage plan, it is important to talk to a licensed insurance agent who can help you compare plans and find the one that is right for you.

I hope this information is helpful. Please let Ashford Insurance know if you have any other questions.