Texas Medicare insurance should be easy. Get the help and benefits you deserve today.

Texas Medicare Benefits

Texas Medicare insurance should be easy. Get the help and benefits you deserve today.

Texas Medicare Supplement Insurance Plans Offer More Security than Advantage Plans

If you’re 65 or about to turn 65, you’re eligible for Texas Medicare. That’s great news and Medicare helps to pay for a significant amount of your health care costs. However, it doesn’t pay for it all. You know that to get the coverage you need, you’ll have to purchase additional insurance to supplement your Original Medicare coverage.

Basically, there are two options for supplementing Original Medicare. You can purchase Medicare Supplement insurance (Medigap insurance) or you can purchase a Medicare Advantage plan. While there are benefits and disadvantages to both, if security is a main concern, a Texas Medicare Supplement insurance plan offers more security than advantage plans.

Security You Can Depend on

What does it mean to be secure? For most people, security means safety and reassurance that they’re covered in the event that they need protection. Security with health care coverage is no different. Basically, we want security in knowing that if we need medical care, it’s available and we can afford it. Texas Medicare Supplement insurance offers security with health care.

Standardized Plans

In Texas, there are ten Medigap plans available, identified by the letters A through N.  While each letter offers a different combination of benefits, all plans are standardized meaning that a plan F sold by a company in Dallas must offer the same benefits as a plan F from a company in Tyler. This is true whether you live in Midland, Dallas or anywhere else. A Medigap policy of a certain letter is the same anywhere in the state. Medicare Advantage, or Part C, is an alternative to Medigap insurance, but the coverage is not standardized. In fact, after providing Parts A and B, every Medicare Advantage plan is different.

Out-of-Pocket Expenses

Many people don’t like the idea of assuming any out-of-pocket expenses for health insurance costs.  Medicare Supplement insurance can pay 100% of the costs in exchange for a monthly premium. Basically, that’s no deductibles, no coinsurance and no copayments. On the other hand, with a Medicare Advantage plan, you will pay your Medicare Part B premium and also your monthly premium for your Medicare Advantage plan, plus any other out-of-pocket expenses including deductibles, copayments and coinsurance.

Guaranteed Renewable

All Medigap plans are guaranteed renewable. Basically, that means that as long as you pay your premium on time, an insurance company cannot cancel or refuse to renew your policy regardless of your health. The same cannot be said for Medicare Advantage as specific plans and benefits may change from year to year. Plus, if for some reason your Advantage plan discontinues, you will have to find another plan or return to Original Medicare.

Health Care Provider Choices

With a Medigap policy, you have access to a large network of health care providers and hospitals. In fact, you can see any doctor you wish and you never need a referral to see a specialist. With Medicare Advantage, your health care choices are restricted. You must live in a plan area and in many cases, your choice of doctors and hospitals is limited.

Both Medicare Supplement insurance and Medicare Advantage are offered through private insurance companies to provide additional coverage to Original Medicare. However, with standardized coverage, renewability and a large network of health care providers, Medicare Supplement insurance offers more security than a Medicare Advantage plan. Remember, while insurance providers must offer the same standardized plans, they vary considerably in terms of cost, dependability and reliability. Choose only credible companies like Blue Cross Blue Shield of Texas, a company who has been providing Medicare Supplement insurance to Texans just like you for decades.

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