Medicare supplemental insurance in the state of Arizona
Arizona Medicare supplemental insurance has already assisted thousands of senior citizens cover their expensive medical costs by filling in spaces in their original policies. These types of supplemental policies help pay for things like deductibles and coinsurance that are not covered by basic Medicare. With so many fantastic recreational activities to enjoy in Arizona, senior citizens have every opportunity to live a fulfilling retirement in that state. Unexpected medical costs are the last thing that senior citizens want to worry about so having coverage that they can count on is extremely important.
The basics of Arizona Medicare
Arizona Medicare is a federally-based program that was originally set up to give senior citizens age 65 and older a basic form of insurance after they retire. Today, as more and more senior citizens push back their retirement; they face the difficult decision to either keep the coverage that they get through their employer or to enroll and the federally-based program. Those Arizona residents who have physical disabilities who are under age 65 and also apply for the program.
Original Medicare, also known as part a, or on this website part one, is only different from part two insurance in that part two insurance provides outpatient insurance. The difference is that part one covers overnight hospital visits that are longer than 72 hours in duration, nursing facility care, hospice care, as well as home medical care. Part two, on the other hand, covers outpatient hospital care and that includes overnight stays less than 72 hours, Dr. visits, some preventative medical services such as shots as well as health services. Recently the government has also federally mandated a plan to add a prescription drug plan called part D.
Most senior citizens who are on Medicare do not pay a monthly premium for part one, although the government does demand that a monthly payment is paid from certain people in certain tax brackets. All people must pay a monthly premium for part two. Unfortunately both sections of Medicare demand that senior citizens pay deductibles and coinsurance costs for almost all the services. As it turns out, senior citizens must pay this difference from their own finances unless they already have supplemental coverage. Arizona Medicare supplemental insurance, also known as Medigap, will be able to handle these types of deductibles, which will put more money back into the bank accounts of senior citizens who reside in Arizona.
Understanding the basics of supplemental plans
Recently the government has federally approved 10 Arizona Medicare supplemental insurance policies. As discussed in other articles these plans are labeled plan a through plan N, and they exclude plan to E, H, I, as well as J. Plan a, or plan one, is the most basic plan that senior citizens can get and it includes preventative care coinsurance as well as up to 4 pints of blood. Plan F is the plan that offers the most comprehensive coverage for senior citizens and it includes all the benefits that come with part a as well as some coverage for overseas travel. The most important thing to consider when choosing the right plan for you is your lifestyle, current medical condition, as well as your long-term finances.
Federal law dictates that each plan with Arizona Medicare supplemental insurance be uniform. The only difference between the same plan at different companies would be price. While not all companies offer all plans, it is a good idea to do your research before seeing which company you want to go with. The Arizona Department of Insurance puts out a no-cost guide to supplemental insurance plans, and this includes premium comparisons. While this website is certainly the best way to compare the various types of plans available to you, it is always a good idea to get as many resources as you can to narrow down the best option for your personal needs.
How to get Medigap in the state of Arizona
We have done extensive research and 42 companies in the state of Arizona offer Arizona Medicare supplemental insurance. It has come to our attention that only a few companies offer all 10 standardized plans and only a few offer plans to those citizens with disabilities.
The absolute best time to enroll in Arizona Medicare supplemental insurance plan is during the six-month leeway period after you sign up for parts one and parts two. This special time is known as “open enrollment” and it allows clients to buy the plan that is best for them without partaking in a physical at their doctor. Companies who offer supplemental plans are also not allowed to deny senior citizens a plan because of their lifestyle or a pre-existing condition. They are however allowed to delay coverage for certain pre-existing conditions for up to six months of time. It is important that you ask the company you are interested in before purchasing their Medigap packages about what policies they implement when it comes to pre-existing medical conditions.
Arizona is certainly a beautiful place to retire but the twilight of life cannot be enjoyed without knowing that you have the perfect medical coverage to cover any situations that might arise in the future. Arizona Medicare supplemental insurance is available to you at a cost that is both realistic and pragmatic for your particular needs. To learn more about the Arizona Medicare supplemental insurance plans that are available to you, feel free to use our easy to use interface and begin your research today.