Share on facebook

Boomer Healthcare Services: It’s Not that Complicated

Looking at Medigap, Medicare Advantage, and Medicare
Print Friendly, PDF & Email

There seems to a labyrinth of information on services for seniors. Every which way you go it seems that there is more information, that it’s easier to do nothing than something. I did a little digging around and found that senior health services are really not that complicated. Sure, you say, but I’ll hold your hand and walk you through it.

What are My Over 65 Healthcare Options?

Healthcare options for boomers 65 and over that work in conjunction with Medicare are Retirement insurance, Railroad Insurance, VA Benefits, Medicaid, Job-based Insurance, and private insurance such as Medicare Advantage, Medigap, and Prescription Plans. This article is focused on private health plans outside of work or government funding.

What is Medigap and Medicare Advantage?

These are two plans that you can purchase through private companies. You must remember you cannot have Medigap and Medicare Advantage at the same time.

Medigap, also called Medicare Supplement Plans, is a federally standardized insurance plans that fills in the gaps. Medigap (depending on coverage) covers blood transfusions, deductibles, co-insurance, foreign emergency healthcare, and other cost saving health items. It works with a nationwide network of doctors and hospitals.

Medicare Advantage, also called Medicare Part C, is private insurance that covers some areas that Medicare doesn’t. Its low-cost premiums are an attractive option, however you are responsible for deductibles and copays, as well as working in an HMO-type, local network.

Medigap is Federally Standardized?

Medigap plans are standardized plans. They offer basic to comprehensive coverage and are the same, YES, I said the same, with every health provider. What this means for you is, you get to choose based on price and don’t have to worry that you are sacrificing coverage for price. To read more about Medigap read Ray Wilson’s article Medigap A and Medigap F: Which is Best?

What about these Prescription Plans?

Medicare Advantage generally offers Rx coverage as part of the package. However, Medicare and Medigap do not cover prescriptions drug plans. So, pick one of those, as well.

Hate to tell you I told you so, but it is pretty simple.

Next Steps:
If you’re ready to sign up go to our Medicare health plan application or click here to get a Medigap quote.

Related Articles:
Stay in Touch

Subscribe to be always on top of news on Medicare, Medigap, Medicare Advantage, Part D and more!

0 0 vote
Article Rating
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments
We never charge for our services
We guarantee the lowest price allowed by law.

Senior65 is appointed to sell plans by carriers including:

Switch your Medigap without underwriting
Blue Shield offers Medigap without health questions for a limited time.

Looking for a Quote?

Open Enrollment Ends in:
Featured Articles:

Switch your Medigap plan without answering health questions for a limited time.

Plan F covers the Medicare Part B deductible and Plan G doesn’t. But that is not the whole story.

Learn about the average costs of different Medigap plans and what can affect them, whether it is your location, age or even company.

0 0 vote
Article Rating
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments
We never charge for our services
We guarantee the lowest price allowed by law.