Medicare Insurance and Supplemental Insurance in Parma OH & Cleveland OH
If you are a Medicare patient, then you are approaching their open enrollment period, which will run from Oct. 15 – Dec. 7, 2020. During this time, you can update your Medicare coverage by enrolling in a variety of supplementary plans that will help you receive expanded benefits.
Here at Hixson & Malinowski Insurance Agency, we get it when you say you aren’t sure what health insurance you need. Our knowledgeable agents can help you navigate your options to choose the policy that’s always going to be your best fit.
Breaking Down Your Medicare Options
Medicare options vary by location, which is why we strive to only offer the most optimal selection of policies for all our neighbors. Residents of Parma, Cleveland, Independence can rely on us to provide optimized policy services both during open enrollment and beyond.
Your policy options include:
Original Medicare is the base form of Medicare created and administered by the federal government. It contains two types of coverage – Part A & Part B coverage. Part A is hospital insurance that pays for most inpatient care services. Part B is medical coverage that you use to pay for outpatient services, like your regular checkups.
Medicare Part D Prescription Drug Coverage
Original Medicare does not cover most prescription drug costs. However, you can buy a privately administered Medicare Part D prescription drug plan to make up the difference. There are many Part D plans on the market, and each will cover a variety of drugs at a variety of different costs.
Medicare Advantage or Part C
A Medicare Advantage plan, also called Part C coverage, can provide expanded benefits outside of your Original Medicare. It offers all the benefits of Original Medicare plus coverage like prescription coverage, dental and vision coverage. These are private plans, but enrollees remain in the Medicare program.
A Medicare supplemental plan will offer coverage for out of pocket costs you might have to pay after your Original Medicare pays. Also called a Medigap plan, this coverage can help you pay for co-payments, deductibles or coinsurance obligations. There are many different Medigap plans available.
Knowledgeable Agents Available to Review Medicare Options
Our team is always willing to explain each Medicare recipient’s different policy options. Whether you are a new or seasoned policyholder, we can guide you through the process of reviewing your benefits this open enrollment season. Please request a quote or contact us to get started.