Choosing the right Medicare supplement plan is of the utmost importance, so it’s crucial to use a broker who specializes in Medicare. Brokers have the knowledge, experience and tools necessary to find the plan that best fits your individual needs. There are 7 common mistakes you can make that can cost you thousands of dollars and your right to choose your own doctors.
Bobby Brock insurance has 8 licensed and insured brokers with over 100 years experience combined, and is considered one of the best Medicare supplement agencies in the region. Our Brokers are independent agents, giving us the flexibility to help you with any plan or any company available.
We use special software to compare all Medicare plans including Medicare supplements, Medicare Advantage & Medicare Part D prescription plans. The software is an essential tool, because there are over 20 different Medicare Part D prescription plans, many different Medicare Advantage plans, and 11 different Medicare supplement plans underwritten by 60 different companies. The choices is overwhelming!
You have a one-time six-month open enrollment period to enroll in a Medicare supplement plan without answering health questions. If you choose the wrong plan and your health is an issue, you may never have the opportunity to enroll in a Medicare supplement plan again. There are also restrictions on when you can enroll in prescription drug plans.
Most Popular Medicare Supplement Plans
You need to understand that Medicare does not cover everything, and out of pocket costs can be very expensive. That’s why supplemental coverage is co important, and there are several different plans to fit your budget. Plan F has long been the most popular Medicare supplement plan, because it pays 100% of the Medicare deductibles and copays. That means the insured person doesn’t pay a dime on anything approved by Medicare. However, it is is the most expensive and the premiums tend to increase more. Another popular Medicare supplement plan is Plan G, because it has the same benefits as Plan F, except you pay the Medicare Part D deductible. In addition, the premium savings are more than enough to pay the deductible, and the premiums do not increase as much as the Medicare supplement Plan F.
Medicare Supplement Plans Have Automatic Claims Filing
When you are sick, the last thing you will want to do is sort through and pay all those bills. Even if you could afford it, dealing with all those bills is a hassle. But Medicare supplement plans have automatic claims filing, so you never have to worry with the bills. You simply give the health care provider your card and the bills are paid for you automatically. It doesn’t get any better than that right?
Don’t miss your opportunity to enroll in the right Medicare supplement plan! Have peace of mind by calling Brock & Credille Insurance today! For out Tupelo office, call 662-844-3300 and for Belmont call 662-454-9800.