Q: What is a Medicare Supplement plan?
A: A Medicare Supplement insurance plan also known as a Medigap plan, helps cover the “gaps” in coverage that are left unpaid after Original Medicare pays its portion of your health care expenses.
Q: Can you help me compare Original Medicare to the Medicare Supplement, PPO, or HMO plans?
A: Yes, you can request a quote and we’ll l be glad to assist.
Q: What should I consider when purchasing Medicare Supplement Insurance Policy?
A: Be sure that you understand how it works with Original Medicare and that it minimizes your out of pocket expenses.
Q: Why should someone buy a Medicare Supplement Plan?
A: There are out-of-pocket costs such as deductibles, coinsurance, hospital says, killed nursing, and etcetera that are not covered by Original Medicare that can create some unexpected and potentially expensive medical bills. A Medicare Supplement Insurance policy may fill a significant amount of these gaps and reduce your financial burden.
Q: Does it cost me anything to work with The Medicare Group?
A: No, the insurance company you select, will compensate The Medicare Group for servicing you. You are NOT charged any increase premium for working with an agent.
Q: Will a Medicare Supplement cost less if I purchase it with an insurance company instead of The Medicare Group?
A: Medicare supplement rates are regulated by the federal government. Because of this your rates will be same for the same plan whether your purchase it through us or the insurance company. However, the difference in working with us is that we don’t represent a single company. This allows us to easily compare and contrast the plans from many companies at once to help you find the best plan within your budget.
Q: Do I need more than one Medicare Supplement policy?
A: No. It is illegal for insurance companies to sell you more than one policy.
Q: Will a Medicare Supplement plan cover me if I have a preexisting condition?
A: Possibly. Insurance companies will usually ask for proof of prior coverage before offering coverage for conditions. However, there some instances where this is not necessary to provide coverage from pre-existing conditions.
Q: What can I do if I’m declined for a Medicare Supplement Plan?
A: No two insurance companies have the same underwriting standards. So, if you are declined we can simply review your application and submit it to different insurance company. At The Medicare Group we pay attention to detail and try to do it right the first time to avoid this situation.
Q: Can my Medicare supplement insurance be terminated for any reason?
A: The Federal Government provides protection against this happening. However, an insurance company can terminate your coverage if you fail to pay your premiums, if there are any omissions or misrepresentations on your application, or the insurance company becomes insolvent.
Q: Where can I get more information about Medicare Advantage plans and my Social Security benefits?
A: For more Medicare information you can call us at 800-563-2085 or visit the sites below.
Centers for Medicare and Medicaid Services
7500 Security Blvd.
Baltimore, MD 21244-1850
24 hours a day; seven days a week
Social Security Administration
Office of Public Inquires
Windsor Park Blvd.
6401 Security Blvd.
Baltimore, MD 21235
7 a.m. – 7 p.m.