Our ServicesMedicare Supplement Policies

Our ServicesMedicare Supplement Policies

Medicare Supplement Policies

Medicare Supplement Policies

A Medicare Supplement Insurance Policy is sold by private insurance companies to help pay some of the health care costs that Original Medicare doesn’t cover such as copayments, coinsurance and deductibles.

These plans are often called Medigap policies and may cover services not covered by Medicare such as medical care when you travel outside the U.S. A Medigap plan will pay its share after Medicare pays the Medicare approved amount for covered health care costs.

You must have Medicare PartA and Part B to obtain a Medigap Policy. You pay the private insurance company a monthly premium in addition to paying your monthly Part B premium. A Medigap policy is guaranteed renewable, which means the insurance company cannot cancel your policy as long as you pay your premium.

Medigap policies in Wisconsin offer standardized plans that are the same for each company, with some companies offering additional benefits such as limited preventive health coverage. Insurance companies can offer the following additional riders:

  • Part A deductible
  • Part B deductible
  • Part B excess charges
  • Additional home health care visits
  • Foreign travel
  • 50% Part A deductible
  • Part B copayment or coinsurance

You must have Medicare PartA and Part B to obtain a Medigap Policy. You pay the private insurance company a monthly premium in addition to paying your monthly Part B premium. A Medigap policy is guaranteed renewable, which means the insurance company cannot cancel your policy as long as you pay your premium.

Medigap policies in Wisconsin offer standardized plans that are the same for each company, with some companies offering additional benefits such as limited preventive health coverage. Insurance companies can offer the following additional riders:

  • Part A deductible
  • Part B deductible
  • Part B excess charges
  • Additional home health care visits
  • Foreign travel
  • 50% Part A deductible
  • Part B copayment or coinsurance
Medigap policies in Arizona offer standardized plans identified by letters with the same coverage for each company. Each company decides which policies it wants to sell, although state laws could affect which ones they sell. Companies don’t have to offer every plan, but must offer Plan A if they offer any plans and must offer Plan C or F if they offer any plan.

At Allied Senior Insurance, we do a side by side comparison of the different companies, once you have decided on the plan that works for you. We also explain the basic policy and rider coverage, so you can make an informed decision, as well as discuss the differences between all the companies we represent.

At Allied Senior Insurance, we do a side by side comparison of the different companies, once you have decided on the plan that works for you. We also explain the basic policy and rider coverage, so you can make an informed decision, as well as discuss the differences between all the companies we represent.