If you are 65 or close to being 65 in the Raleigh area, you are probably looking for a Medigap Insurance plan. Supplement plans can come in handy for assisting you in your payment of additional costs to your Original Medicare Plan. Medicare parts A and B, or Original Medicare, does not always cover various costs like copays, coinsurance, and deductibles. This is where a Medicare Supplement plan can fill in the payment gaps. This is why the plan is referred to as Medigap insurance.
Medigap and Prescription Drugs
According to medicare.gov, Medigap plans do not included coverage of prescription drugs sold after January 1, 2006. In order to get coverage on prescription drugs, you will need to sign up for part D of the Medicare Advantage plan.
Medigap and Medicare Advantage plans cannot be bought together in Raleigh, NC or any other part of the US. If you are going to purchase a Medicare supplement plan, you can only do so when you only have an Original Medicare plan. These two plans will be separate payments of one another.
Medigap in Raleigh, NC
According to healthinsurance.org, Medigap plans in North Carolina are sold by private insurers and are regulated by state laws and insurance commissioners. As of 2020, there are 52 of these private insurers that offer Supplement Plans in NC.
If you are located in Raleigh, and are currently covered by an Original Medicare plan, you may want to consider purchasing a Medicare Supplement plan to avoid expensive out-of-pocket payments. If you do not have a Medigap plan or Medicare Advantage, you will be paying for all additional expenses that Original Medicare does not cover. Over 500,000 Medicare holders in NC are covered by a Supplement Plan as of 2020.
Having a Medicare Supplement plan can save residents of NC a lot of money in the long-run. If you are not currently covered by a Medigap plan and you are living in Raleigh, NC, contact The Mair Agency Today to have all your questions about this type of plan answered. Marcus Turner has been offering Medicare insurance plans to happy customers for over 25 years in the North Carolina area. If you need a Medigap Insurance plan, Contact The Mair Agency.
Contact Mair Agency if you are Located in Raleigh, NC
Medigap Insurance is an important plan to have if you only own an Original Medicare plan. These plans can save you tons of money. All the regulations and coverage rules of these insurance plans can be confusing and difficult to navigate on your own. This is why you should consult with a professional to guide you through the process of purchasing a Medigap insurance plan.
Here at The Mair Agency, our agents have the knowledge and experience needed to get you the right Supplement Plan. We have been helping residents of North Carolina find the perfect Medicare insurance coverage for over 25 years and we are not stopping any time soon. Contact us today using the form below to have all your questions about supplemental coverage in NC answered.