Not everyone has the same needs when it comes to coverage. Are you aware that there are many supplemental plans offered to enhance the Medicare benefits you already have? These plans can pay for medical expenses that may not be covered, high prescriptions costs, and unforeseen out-of-pocket fees.
Make sure you are covered. Learn about the three types of coverage below, then click to get a quote.
|Medicare Supplements||Medicare Advantage||Medicare Part D|
If you are in the original Medicare plan, you may want to buy Medicare supplement health care insurance, also known as Medigap. This plan helps you pay for healthcare which may not be covered . If you currently have a Medicare Advantage Plan, such as a Medicare HMO, you will not need to purchase a supplemental insurance policy. All Medicare supplements are sold by private companies and offer a variety of plan choices to fit your needs and budget .
Medicare Advantage is popular because of the extra benefits that are offered such as extra days in the hospital, inexpensive out-of-pocket costs for doctor visits, and low-cost prescriptions. These plans are offered throughout the United States through private insurers. Part A and Part B of Medicare are required to join the plan and the premium for Medicare Part B must be paid by the Medicare recipient in order to enroll.
Medicare Part D is a prescription drug coverage policy. It covers both generic and name brand drugs. Its purpose is to help people who already have high prescription drug costs or could be affected by rising prescription drug costs. There are a variety of plans available offering various costs and coverage. Everyone eligible for Medicare Part A is automatically eligible for Medicare Part D. However, you must enroll in Part D three months in advance or three months after you become eligible. If you do not, you will have to wait for the open enrollment period. Open enrollment is usually once a year and takes place in the last few months of the year.
|Get a Quote||Get a Qoute||Get a Quote|
For more information visit our partner site with Sawyer Cook Insurance. You will receive a fast, easy medicare education online and a quote instantly! The integrated suite of online services provide a comprehensive selection of leading insurance companies!
* Non-deposit investment products and services are offered through CUSO Financial Services, L.P. (“CFS”), a registered broker-dealer (Member FINRA/SIPC) and SEC Registered Investment Advisor. Products offered through CFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the credit union, and may involve investment risk including possible loss of principal. Investment Representatives are registered through CFS. Patelco Credit Union has contracted with CFS to make non-deposit investment products and services available to credit union members.
Insurance products and services are offered through CUSO Financial Services, Inc. ("CFS"). Products offered through CFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the credit union, and may involve investment risk including possible loss of principal. Investment Representatives are licensed through CFS. The Credit Union has contracted with CFS to make insurance products and services available to credit union members. CFS and its Registered Representatives do not provide tax advice. For such advice, please consult with a qualified tax professional.
CFP and CERTIFIED FINANCIAL PLANNER™ are certification marks owned by the Certified Financial Planner Board of Standards, Inc. These marks are awarded to individuals who successfully complete the CFP Board’s initial and ongoing certification requirements.