Texas Medicare Supplement Insurance
Original Medicare as most of you may know will only cover 80% of your costs. Which is going to leave you held responsible for the 20% of the expenses. If you get a Texas Medicare Supplement insurance plan, then you can pick a plan that will cover either the full amount or a plan that you might have small amounts to pay for. That part is going to be up to you. I recommend three plans to all of my clients. The plan F, G or N. They fit every different type of situation and they all cost different amounts. So you can look at the differences in everything.
Plan F is the top plan that you can sign up for. It is also the most expensive plan and it’s also known as the “Cadillac plan”. This plan will cover 100% of your Medicare-approved costs. You will have no deductibles, no copayments, no coinsurance to pay for. All you will have to pay is a monthly premium and then you are fully covered. You can go to any doctor you want as long as they accept Medicare.
Plan G is the second top plan that you can get in the Texas Medicare Supplement insurance plans. This plan only has one difference between the plan F. With the Plan G, you will have a small deductible of $166 per year for outpatient costs. You will have no copayments, and no coinsurance costs. All you will have to pay for is the monthly premium and the one small deductible.
Plan N is the third plan that I would recommend to my clients. This plan is more for someone who either can’t afford a whole lot but still want good coverage. Or this plan is for someone who doesn’t have any health conditions but still wants good coverage just in case. With this plan, you will have the small deductible per year, you will have a $20 copay at some office visits and a $50 at the Emergency Room if you don’t get admitted into the hospital. The plan N is going to cover the coinsurance 100%.
If you are ready to get signed up for a Texas Medicare Supplement Insurance plan, please feel free to give me a call here at 1-800-Medigap. Or you can reach me directly at 901-KORTNI8. I’m a Licensed Broker, I can look at many different insurance companies and see who is offering the cheapest rates for these plans.