What is the difference between a Medicare Supplement and Medicare Advantage?
As a person gets older, there are many details that they may find that they are concerned about, specifically health insurance. Supplemental insurance is something that plays a factor for any person that is over the age of 65 since they are now entitled to Medicare coverage. Although Medicare coverage will cover a large portion of their medical expenses, there is a strong possibility that it may not cover everything. Therefore, the older generation will look to a Medigap plan or a traditional Medicare plan once they become eligible for Medicare.
Do I have to buy a drug plan from the same company as my Medicare Supplement?
Although a person doesn’t necessarily need to buy their Medicare prescription drug plan through the same company that you purchase your Medicare supplement through, it may be easier to do so. This way you know that all of your Medicare information is flowing through one company and you have the peace of mind of knowing that you have the coverage that you need.
If your company offers both Medicare supplements and drug plans, it’s key that you always go the extra mile to ensure that your client has access to important information regarding drug plans. They may not be actively aware that a supplement that they are looking for does not have prescription drug coverage for certain medications as well.
If I’m under the age of 64 and receive SSDI, can I get a Medicare Supplement?
Once you have been on SSDI for 24 continuous months, you will automatically be qualified for traditional medicare. Therefore, you can also take advantage of different types of supplement insurance policies if you are in a position where you need them. Before you take advantage of Medicare enrollment, you must take steps to confirm that your doctors are also Medicare providers so that you don’t lose any of your medical team due to insurance reasons.
Why would someone pick a Medicare Advantage Plan over a Medicare Supplement?
A person may opt to purchase a Medicare advantage vs a Medigap medicare supplement plan depending on their individual health care needs. Depending on the prescription drug plan that they may need or the type of health limitations that they have, they may recognize the fact that one plan benefits them over the other. When you’re being given these Medicare leads, it’s key that you provide your clients an understanding of Medicare so that they feel comfortable in the Medicare plan that they select.
How does finding a doctor in my area work if I have Medicare Supplement vs Medicare advantage?
To determine provider networks, you will either have to call that doctor’s office to learn if they accept private insurance vs Medicare coverage. Another option is that you can call the administrators of your supplemental insurance plan and ask for a list of Medicare providers in your area who accept different Medicare supplement insurance plans. This is also a great opportunity to learn about Medicare and your coverage limits.
BrokerCalls is always happy to provide our clients with the questions to Medicare FAQ that they may have. We believe that this is important in providing our customers with the lead generation services that they need depending on the types of coverage that they offer. Depending on the plan that you offer, there is a possibility that there may be a different strategy that you can take advantage of regarding lead generation. To learn more about the types of medicare lead generation strategies that we offer, get in touch with us at (855) 268-3773. You can also connect with us through social media on Twitter, Facebook, LinkedIn, and Instagram.