MEDICARE SUPPLEMENTS IN FLORIDA
Medicare Supplement Insurance policies must follow federal and state laws. These laws are designed to protect you. The front of every Medigap policy must clearly identify it as “Medicare Supplement Insurance.”
Medicare Supplement Standardized Plans
Medicare Supplement Insurance policies in Florida must be one of 11 standardized policies identified by Plan letters A through N. In addition, the standardized plans must offer the same basic benefits under that letter plan, no matter which company offers the plan. Since the Plan letters are the same no matter which company you choose, the difference is the how the company prices the plan and the service that you receive. This allows you to easily compare the benefits from each private insurance company with each other.
In other words, the benefits for Medicare Supplement Plan C from Company X would be the same benefits as a Medicare Supplement Plan C with any other private insurance company. Knowing this allows you to concentrate on the price and reputation of the Medicare Supplement Company and not on the whether one company has a better plan. Each letter policy has a different set of benefits. We take the time to review your situation and fully explain the detailed benefits under each plan to help you find the plan that will most suit your needs.
Florida Medigap Insurance policies for people under age 65 on Disability
Florida Medigap policies for people under age 65 and eligible for Medicare because of a disability or End-Stage Renal Disease (ESRD)
You may be eligible for a Medicare Supplement policy before the age 65 due to:
- a disability, or
- ESRD (permanent kidney failure requiring dialysis or a kidney transplant).
Medicare Supplement Open Enrollment
Remember, that during your Medicare Initial Enrollment Period, which begins when you turn 65 and continues for 6 months, you are entitled to enroll in any Medicare Supplement or Medigap policy. At this time you cannot be turned down or rated up due to pre-existing conditions. This is referred to as your Guarantee Issue Period. During this period:
- You can buy certain Medicare Supplement/Medigap policies from private insurance companies that offer plans in your State.
- Insurance companies can’t refuse to sell you a policy due to a disability.
- They cannot charge you a higher premium because of your health status.
- They are not allowed to charge you a higher premium than they charge other people who are age 65.
At National Insurance Services of North America (NISONA) we are committed to your total satisfaction. We offer a truly unbiased approach and practical solutions to help you find a plan that will most suit your needs and budget. Medicare is not one size fits all.
Give us a call and we will help you to explore your options and answer any questions you may have. You are under no obligation. Or fill out our Contact US ….
Our goal? “Peace of mind to last you a lifetime!”