0
What else can I help you with?
Will you lose your Medicare and supplemental insurance if you do not enroll in the Medicare Advantage plan?
No, you will not lose your Medicare and supplemental insurance if you do not enroll in a Medicare Advantage plan. You can choose to stay with Original Medicare (Part A and Part B) and maintain your supplemental insurance (Medigap). However, if you opt for a Medicare Advantage plan, you generally cannot have both at the same time. It's important to review your options and coverage to ensure you make the best choice for your healthcare needs.
When a Medicare beneficiary has employer supplemental coverage Medicare refers to these plan as?
large group health plan
Is Aetna Medicare primary over Medicare?
The answer depends on what type of Aetna Medicare Plan you have. If you have an Aetna Medicare Supplemental Plan, then Original Medicare pays first and the Aetna plan pays secondary If you have an Aetna Medicare Advantage HMO Plan, then the Aetna plan will always be primary as Medicare has assigned the benefits over to Aetna for processing and administration.
How much does medicare pay a medicare supplement plan?
ZERO! Don't confuse Medicare Advantage with Medicare Supplemental Insurance. It's like confusing the dog with it's terd.
Is it possible for me to cancel my Medicare supplemental plan at any time?
Yes, you can cancel your Medicare supplemental plan at any time, but it's important to be aware of any penalties or restrictions that may apply.
What are a few medical insurance companies that cover seniors?
For people that are elderly, the best health insurance is Medicare. The medicare part B plan is the best for people of a very advanced age. There are also various medicare supplemental coverage by the AARP.
When you are on medicare can you have a supplemental plan and also an advantage plan?
AnswerYes but the supplement won't pay anything then.
Can you buy Medicare supplemental insurance if you have Medicare carve out coverage?
Please explain your question more thoroughly if my answer does not suffice. I am unsure of what you mean by Medicare Carve Out Coverage. You can buy a Medicare Supplement at any time once you have received your Medicare Part A and Part B. If you do not enroll within 6 months of your Part B effective date you would be subject to underwriting. You can not join a Medicare Supplement if you already have a Medicare Advantage Plan as this is not allowed by Centers for Medicare. You would be required to drop your Medicare Advantage Plan prior to the Medicare Supplement effective date. If you had coverage through an employer, you would not need Medicare Supplement coverage as your employer coverage would be primary and then Medicare would be secondary for your out-of-pocket costs covered by Medicare.
Do you have information about Medicare supplemental insurance and Medicare Advantage Plans?
The best place to find this information is found on the medicare website. You can get plan information and make comparisons for all types of coverage.
What is Supplemental Medical Insurance?
Supplemental Medical Insurance is in addition to your primary insurance. It is used to help cover the cost of copays, deductibles, and co-insurance. The most common time of SMI is Medicare Supplement Plan. It helps to cover what the medicare plan doesn't. If a person were to have Medicare Part A & B and also and AARP Supplement plan, it covers their copays for benefits and helps with covering costs of prescriptions.
Is the Humana Gold Choice insurance plan more comprehensive that a standard Medicare Supplement plan?
The Humana Gold Choice insurance plan is a Medicare Advantage plan, which typically offers additional benefits beyond Original Medicare, such as vision, dental, and prescription drug coverage. In comparison, a standard Medicare Supplement plan, also known as Medigap, only helps cover the costs that Original Medicare doesn't, such as copayments, coinsurance, and deductibles. While the Humana Gold Choice plan may offer more comprehensive coverage in terms of additional benefits, it may also have network restrictions and potentially higher out-of-pocket costs compared to a Medicare Supplement plan.
How do you bill a medical claim when a person has medicare and a supplement plan?
You will bill medicare as primary and the supplement secondary. Usually if filing a HCFA 1500 electronically if the supplemental policy is on the beneficiaries Common Working File with Medicare it will automatically crossover to the supplemental policy. Hope this helps....
