These types of plans offer coverage for services that Original Medicare doesn’t cover, like medical care when you travel outside the country. If you have Original Medicare and you buy secondary insurance, Medicare will pay its share of the Medicare-approved amount for covered health care costs. Then your medigap pays its share.
This type of secondary insurance is different from Medicare Advantage Plans. With Medicare as the primary insurance medigap plans pay after medicare pays their portion.
8 things to know about Arizona Medicare Supplement Plans
- Medicare Part A and B should be active to enroll.
- If you’re already enrolled in a Medicare Advantage Plan, you can still apply for a Medicare supplement plan. Just make sure you can leave the Medicare Advantage Plan before your new plan begins.
- You pay the private insurance company a monthly premium for your plan in addition to the monthly Part B premium that you pay to Medicare.
- A Medicare supplement plan only covers one person. If you and your spouse both want supplemental coverage, you’ll each have to buy separate policies.
- You can buy a medigap plan from any insurance company that’s licensed in to sell one in your state.
- Any standardized plan are guaranteed renewable even if you have health problems. This means the insurance company can’t cancel your insurance as long as you pay the premium.
- In addition to your secondary insurance a Medicare Prescription Drug Plan (Part D) will need to be added separately.
- It’s illegal for anyone to sell you a Medicare supplement plan if you already have a Medicare Medical Savings Account (MSA) Plan.