Choosing Ohio supplemental health insurance needn’t be a hassle, but with so many parts and confusing terminology, becoming eligible for Medicare makes a lot of seniors confused and frustrated. Adding supplemental insurance policies into the process can make people want to just throw up their hands and give up. Avoiding open enrollment periods for supplemental health insurance programs, however, can have consequences for the rest of a person’s life. Ohio residents can get reliable information about Supplemental Health Insurance for Medicare through the Health Exchange Agency.
The basic components of Medicare are Part A, which covers hospital care, and Part B, which covers doctor visits. Also called Original Medicare, these two parts have a number of copays, coinsurances, deductibles, and coverage gaps. These are payments which are generally made out of pocket. For some Ohio residents, managing these costs on their own is fine. For others in Ohio, supplemental health insurance plans for Medicare make the insurance affordable.
Choosing Ohio supplemental health insurance plans, however, can be just as confusing as deciding to sign up for Medicare in the first place. There are many different plans, all designated by letters, and they all offer different benefits. From high deductible plans to complete coverage plans, clients can find something that works for their healthcare needs.
What all Ohio clients need to know about supplemental health insurance
Sometimes people skip the initial open enrollment period for supplemental health insurance, thinking they will buy the insurance later, if they need it. While this is something a person can do, it can have huge financial consequences.
When someone first becomes eligible for Medicare in Ohio, they get a one-time open enrollment period for supplemental plans. They can choose any plan and receive the same premium cost as anyone else who signs up for the plan; their coverage cannot be denied.
Any time outside of that open enrollment period, clients will need to undergo a health evaluation. Having less than perfect health can mean that someone pays a higher premium due to their current health; they can even have their application for coverage denied.
What should Ohio residents do next?
If you are newly eligible for Medicare and think you might need a supplemental health insurance plan, call the Heath Exchange Agency. Our well trained and qualified agents will help you understand the coverage levels of the different plans and how to determine which one is right for you.
Choosing a Medicare supplemental health insurance plan is personal and important. Clients need to make sure they are making the right choice for themselves and their health over the long term. By getting expert assistance in making a choice, they can be assured that they’ve thought their decision through and made a good one.
Contact the Health Exchange Agency today to learn more about Ohio supplemental health insurance plans.