Medicare Supplement Plans in Reno

Medicare Supplement in Reno is also known as Medigap plans.  These plans cover the remaining 20% that Original Medicare does not cover.  Original Medicare is Part A and Part B.  You must have Parts A and B to be eligible for a Medicare Supplement Plan.

Eligibility

Eligibility requirements may vary from state to state.  Here in Reno, Nevada you must have Original Medicare to apply for a Medicare Supplement plan.  Once enrolled in Part B there is a six-month guarantee issue period.  That means the insurance company must accept your application.  The insurance company is not allowed to ask you health questions within those first six months. They are not allowed to ask you health questions in those first 6 months.  After that, however, they will ask health questions.  They will want to know about any preexisting conditions.  This could deny you acceptance into a Medicare Supplement Plan.

Plans

Once deemed eligible you will have to choose a plan.  Different plans have different premiums.  For instance, Plan A has a monthly premium associated with it.  Plan G has a different premium.  There are more than just these two plans.  Many people choose Plan G because of the premium versus the benefits.

Benefits

There are excellent benefits that come along with Medicare Supplement plans.  You can see a doctor anywhere in the United States that accepts Medicare.  This gives the member freedom to see doctors while traveling or spending significant amounts of time in other states.  This also allows the member to see a doctor at world-class facilities such as the Mayo Clinic and Stanford Medical Center.

Disadvantages

There are some disadvantages.  The biggest one is that there is a monthly premium.  Another disadvantage is the insurance company will ask you health questions.  This is why we tell our clients to stay on the Supplement plan as long as they can afford the premium.  These plans do not come with benefits such as vision, dental, or prescription drug coverage.

Conclusion

In closing, Medicare Supplement Plans in Reno is a great option for people just turning 65.  It is also a great option for people just becoming effective for Part B.  However, it is not a great option if you are on a limited budget or want other benefits such as vision and dental.