MEDICARE SUPPLEMENT INSURANCE
A solid long-term solution to your Medicare Decision

  • Several plans to choose from with A+ rated companies
  • A variety of plan choices to fit your budget and your medical needs
  • Innovative plans with unique features
  • Low-cost high deductible plans
  • Riders that provide more than what Medicare requires
  • Assistance finding an RX plan that is best suited for the medications you take
  • Sign up during your Initial Eligibility Period to take advantage of Early Enrollment discounts

 

WHO ARE THEY BEST SUITED FOR?

  • Those who want the most flexibility in choosing their Doctors, Specialists, and Hospitals
  • Those who want access to Specialists without referrals
  • Those who travel frequently
  • Snowbirds who have residences in more than one state

 

PRO’S

  • You can keep original Medicare A&B
  • Open to any provider who contracts with Medicare
  • Referrals to specialists is NOT required
  • Some plans cover excess charges for Non-Medicare providers
  • You are covered anywhere in the United States
  • Some plans include Foreign Travel

 

CON’S

  • There is a monthly premium – but you can pick a plan that fits your budget
  • You will have to purchase a separate RX plan

 

MEDICARE ADVANTAGE PLANS

WHO ARE THEY BEST SUITED FOR?

  • People under 65 who have Medicare A and B due to disability
  • People who are eligible for AHCCCS and are on Medicare A&B (Dual plan eligibility)
  • Individuals who can’t afford, or don’t want to pay for Medicare Supplement Insurance
  • Individuals who want a plan that includes the RX coverage
  • Individuals who don’t plan to spend extended time outside their service area

    PRO’s
  • Many include your RX coverage
  • Many are $0 premium or low premium
  • Some plans offer extra benefits not generally included with Original Medicare

    ​CON’s
  • These are primarily network-based plans with providers in your county only
  • Many $0 plans require referrals to specialists
  • Coverage generally does not extend outside the U.S.
  • Plan features, copayments, and Providers may change from year to year
  • Copayments are required for most services
  • Annual out of pocket spending limits are as high as $2800-$6700 per year

WHEN DO I START LOOKING and WHEN CAN I ENROLL?

When you are new to Medicare:

  • Make an appointment about a year before you turn 65 or before you retire, so you can review options and plan for costs and cost savings
  • Up to 6 months before or within 6 months after your 65th birthday or your Part B effective date for a Medicare Supplement plan
  • Three months before through 3 months after your 65th birth month or Part B effective date you can enroll in a Medicare Advantage plan

Other eligibility periods outside of initial enrollment”

  • During Annual Enrollment each year (10/15 – 12/7) you can change, drop or add a Medicare Advantage plan
  • During Annual Dis-enrollment each year (1/1 – 2/14) you can drop your Medicare Advantage plan and apply for a Medicare supplement plan
  • Any time you may change your Medicare Supplement plan (you may be subject to health Underwriting)
  • When you move to Arizona and will lose your coverage from your current plan due to the move
  • Within the first 12 months of participation in a Medicare Advantage plan

 

Elderly Couple, Medicare Coverage Arizona, Kim Kraft Insurance, Tucson, AZ

 

 

Kim Kraft Insurance

kimkraftinsurance@cox.net 

(520) 240-8059 

 

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