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Medicare Supplement Plans in Delaware

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Medicare Supplement plans in Delaware protect you from unexpected medical costs. Each plan varies in coverage. The more benefits a policy covers, the higher the premium. Below we’ll explain your options so you can make the most informed decision.

Medicare Supplement Plan Enrollment in Delaware

The best time to enroll in Medigap is when Part B is going into effect, and you’re turning 65, this is the Medigap Open Enrollment Period. During this time, you can enroll in a policy without worrying about policy denial or higher premiums due to health issues. If you delay enrollment, you may face a higher premium.

Sometimes, Medigap plans are out of your budget. If this is the case, then a Medicare Advantage plan is a good alternative. It’s important to compare Medigap vs Medicare Advantage before you make a decision. 

Medicare Advantage Plans in Delaware

Medicare Advantage in Delaware Only 17% of beneficiaries in Delaware have Medicare Advantage.

You must have Part A and B. Many Advantage Plans have a $0 premium.

While a $0 premium can seem like huge savings, there are MANY other costs associated with these plans.

For example, the Aetna Medicare Value has a $0 premium, but you’ll pay in the form of copayments.

Then, the out of pocket maximum is $10,000 if you have any out of network visits. But, those that stay in-network only have a $6,700 out of pocket maximum.

So, the most you can pay out of pocket is $10,000 for the year if you have the Aetna PPO.

Since Medicare doesn’t have a cap on your spending, Advantage is better than no coverage.

Medicare Part D Delaware

Delaware Medicare Part D Prescription Drug Plans Almost 65% of Medicare beneficiaries in Delaware have a stand-alone Part D plan.

Since you face penalties when you delay enrollment, it’s best to sign up for Part D as soon as you’re eligible for Medicare.

Those that don’t take medications, the Humana Walmart Value Plan has a premium under $15. 

But, it’s unlikely someone with multiple brands or specialty drugs would find this policy to hold any value.

Instead, if you have a laundry list of medications, you need to consult an agent.

Each formulary is a little different. Depending on the drugs you take, and the pharmacy you use, the overall cost of plans can vary.

Medicare Savings Programs in Delaware

Counseling for insurance is available through the Delaware Medicare Assistance Bureau. The organization can help with information about different kinds of coverage.

Then, the Extra Help program can help low-income beneficiaries with the cost of drugs. Some people qualify for Medicare and Medicaid. There are dual-eligible Special Needs Plans available in some areas.

How to Sign Up for Delaware Medicare Supplements

If you want to save time with one phone call, give a call at the number above. Our agents work with people like you all day. Whether you’re new to Medicare or you’ve been getting benefits for a long time, we understand.

When you call, the agent will ask you a few questions to better understand your needs. Then, when the agent has an understanding of what’s important to you, they can make a recommendation.

Once you choose the coverage you think holds the most value, your agent will walk you through enrollment. We’re here every step of the way. For as long as you have Medicare, we’re on your team! Give us a call at the number above and see why so many people are choosing to let an agent help them!

If calling now isn’t an option, fill out our online rate comparison form to discover the rates in your service area today!

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