Understanding Medicare Supplement Plans

Navigating Medicare can feel overwhelming, but Medicare Supplement plans (Medigap) offer valuable coverage to fill the gaps left by Medicare Parts A and B. At Hicks Insurance, we’re here to help you understand how these plans can provide financial security and peace of mind.

What is a Medicare Supplement Plan? Medicare Supplement plans are private insurance policies that help cover costs Medicare doesn’t, such as deductibles, copayments, and coinsurance. Available plans vary by state, and you can apply once enrolled in Medicare Parts A and B.

What Does a Medicare Supplement Cover? The coverage depends on the plan you choose. Plan G, for example, is one of the most comprehensive options for new enrollees. It covers:

• Medicare Part A deductibles and hospital copayments
  
• Part B copayments and excess charges
  
• Skilled nursing facility coinsurance
  
• Emergency care abroad
  

Plan G lets you see any doctor or specialist without worrying about most out-of-pocket costs. Instead, you pay a monthly premium for consistent coverage.

Who is Eligible? You can apply for a Medigap plan if you’re 65 or older and enrolled in Medicare Parts A and B. The best time to enroll is during your one-time Open Enrollment Period, which starts when you turn 65 and have Part B. During this time, you are guaranteed coverage without additional underwriting.

At Hicks Insurance, we recognize the importance of having dependable coverage that suits your unique needs. Our experienced agents are here to answer your questions, explain your options, and guide you through enrollment.

Whether you’re new to Medicare or looking to switch plans, we’ll help you find a policy that gives you peace of mind and protects your budget.

Call 815-288-1523 to speak with one of our friendly team members. Your health and financial security are too important to leave to chance.

Hicks Insurance Agency & Associates, Inc.

311 S Peoria Ave

Dixon, IL 61021

Phone: 815-288-1523

www.hicksinsurance.biz