The world of Medicare can be complicated, to say the least. With so many terms to learn and plans to compare, where does one begin? The good news is, you’ve found Blue Moon Benefits Group. Our North Carolina-based Medicare insurance agents are here to serve you, making finding Medicare plans clear and easy. With offices in Clemmons and High Point, NC, we’re here to serve the Triad and areas surrounding Winston-Salem.
Our goal is to give you one less thing to worry about by simplifying the Medicare plan buying process and acting as your guides in this new stage of life. Our personal needs-based approach allows us to provide recommendations specific to your situation, and being independent Medicare insurance agents, we can offer competitively priced options.
Best of all, our services our totally free!
Medicare Advantage Plans
Sometimes referred to as Medicare Part C or “MA Plans”, Medicare Advantage Plans are a type of Medicare health plan offered by a private company that contracts with Medicare to provide all your Part A and Part benefits. Most MA Plans offer prescription drug coverage, or Medicare Part D, as well as Parts A and B – Hospital Indemnity and Medical Insurance, respectively.
Medicare Supplement Plans
Original Medicare, at times, has “gaps” in its coverage. This is where a Medicare Supplement Plan comes into play, or sometimes called a “Medigap” or “Med Supp” policy. These additional coverage plans help fill in the gaps of Original Medicare by helping pay some remaining healthcare costs that may not covered, like copayments, coinsurance, and deductibles. These plans do not change year to year.
Any caregiver who accepts Medicare will also take a Supplement Plan, because they would only need to bill Medicare and not you. Medicare pays their part, which is generally 80% of Medicare-covered benefits, and bills the remaining amount to the private company who sold your Supplement policy. It’s important to note that Medigap Plans do NOT include Prescription Drug Coverage (Medicare Part D, or PDP).
Prescription Drug Plans
Medicare Part D is a voluntary outpatient prescription drug benefit for those with Medicare, provided through private plans. Medicare beneficiaries may choose to enroll in either a stand-alone Prescription Drug Plan (PDP) to also supplement traditional Medicare or a Medicare Advantage Prescription Drug Plan (MAPD) which covers all Medicare benefits including drugs.
Not all Part D Plans are created equal – they may vary greatly in costs, copays, and specific drug coverage. They are required to be at least as good as the Medicare model, but it’s important you check which one works best for you each year, as they do change every year.
If you’re looking for a Medicare insurance agent in the Winston-Salem or greater Triad areas of North Carolina, we’ll happily answer any questions you have. Our purpose is to be your advocates in Medicare and with the health insurance companies. And as plans can vary from county to county, we strongly recommend reaching out to a senior insurance expert!
To talk to an independent agent today, contact our Clemmons Office or our High Point Office today.