Medicare Supplement Plan B, also known as Medigap Plan B, offers the same coverage as Plan A with the addition of paying your Part A hospital deductible. This deductible is over $1,400, and it tends to go up every year. Having Medigap Plan B means you never have to worry about paying that rising deductible cost.
This deductible is not an annual fee, it is something that occurs any time you have a hospital stay more than 60 days apart. Medicare Plan B will cover it every time.
There are many insurance companies that offer Medicare Supplement policies in each state. Rates can vary greatly by location, and each company sets its own prices. Things such as age, gender, and tobacco use also affect the rate. Insurance companies also have their own loss ratios from their clients which may make one company’s rates higher or lower than another’s.
Benefits of Medicare Plan B are standardized, so you will get the same benefits from whichever company you purchase from. We can help you find one with low rates and a history of low rate increases.
Sometimes people get Medicare Plan B confused with Medicare Part B, or they think they are the same thing. This is not the case. Medicare Supplement Plan B is one of the Supplement plans that you can choose from to help fill in the gaps in coverage that Medicare leaves. Medicare Part B is your outpatient medical coverage from Original Medicare.
We are Independent Medicare Insurance Agents who Help Seniors Clarify Their Medicare Goals and Get a Great Deal on Coverage While Providing High-Quality Customer Service:
Did you know…
People turning 65 can get Medicare coverage from over 30+ companies with no health questions?
Here’s how it works
When someone turns 65 or enrolls in Medicare Part B for the first time (whichever comes later) they become eligible for the Medicare Initial Open Enrollment Period.
The signup period begins 3-6 months before starting Part B (age 65 for most) and continues for 3-6 months after Part B starts.
This means that any and all Medicare Supplement plans must accept you regardless of previous health status.
Medicare Supplement Plan benefits are standardized, the only difference is PRICE!
Insurance companies offer the same plan letters (A,B,C,D,F,G,K,L,M, or N) and the benefits with each company compare apples-to-apples…
Medicare Supplement (otherwise known as Medigap) plans are renewable for life. No requirement to change each year.
All standard Medicare Supplement plans are accepted by any doctor that accepts Medicare NATIONWIDE
Medicare Advantage and Part D plans have Annual Enrollment periods and change yearly.
Let us show you how to compare plans and take the headache out of getting set up in one easy step!