Medicare Supplement Plans in Kansas
The benefits complement Medicare by filling the gaps in coverage. Instead of you paying deductibles, copayments, and coinsurances, the Medigap insurance company will assume responsibility.
Sure, having only Medicare is an option. However, several trips to the hospital, or major surgery and the retirement fund could run dry.
Guide on Kansas Medicare Supplement Plans in 2020
Let’s say Dorthy enrolls in Medicare alongside a stand-alone Part D policy.
However, let’s say Dorthy goes to the hospital for a stroke. Well, if she takes an ambulance, that costs the Part B $198 deductible PLUS 20% of the remaining balance.
Then, when she becomes inpatient, the Part A deductible applies. The deductible costs $1,408 per benefit period. If Dorthy becomes an inpatient in 3-months, she’ll pay the deductible again.
On top of the deductible, Dorthy will pay 20% of the bill from her inpatient hospital visit. This could cost her thousands of dollars from her retirement savings.
Now, Dorthy can purchase Medigap Plan G for only $120 a month. Plan G is covering Part A deductible every time. The only thing she pays is the once annual Part B deductible of $198.
Thankfully, Dorthy has Plan G because, after the stroke, she needs to see a specialist and her primary care doctor more regularly.
Can you imagine if she had to pay 20% of the cost for every specialist and doctor visit? Those expenses add up; however, with Medigap that 20% doesn’t need to be a burden.
Requirements for Kansas Medicare Supplemental Plans
Medicare Supplements in Kansas require beneficiaries to be 65 and beginning Part B. To enroll in policy, you must be a resident.
Delaying Part B could result in a Part B penalty. Choosing Medigap as soon as Part B beings qualify you for the Medigap Open Enrollment Period.
This enrollment period provides beneficiaries with Guarantee Issue Rights. GI forfeits the insurance companies’ rights to hold recipients accountable for medical underwriting.
In other words, beneficiaries can select any policy during OEP without denial because of health conditions.
Forgetting to select a Medigap policy during this period only means you must medically qualify for coverage. Thankfully, enrollment is anytime, and most seniors receive coverage even with health issues.
Anyone with Part B that is losing Medicaid coverage will qualify for GI rights on a Medigap policy with Aetna, Bankers Fidelity, Central States Indemnity, Cigna, Gerber, GPM, Manhattan life, Medico, Mutal of Omaha, New Era, TransAmerica Premier, United American, and United Health Care.
Those voluntarily losing group coverage could qualify for GI rights if the group coverage were primary to Medicare.
Kansas Medicare Supplement Plan Eligibility Under 65
Medigap insurance is available to those with End-Stage Renal Disease (ESRD) and disabled Medicare beneficiaries. State laws require insurance companies to offer at least one Medigap policy to beneficiaries under age 65.
Disabled beneficiaries will have the 6-month OEP just like 65-year-old beneficiaries. During this time, insurance companies can’t turn you away because of health. Coverage is guaranteed; however, a pre-existing condition waiting period could apply.
Insurance companies can’t charge more for those under 65 than they do for those turning 65. Beneficiaries will have a second OEP when they turn 65.
Kansas Medigap Pre-existing Condition Waiting Period
Avoiding this waiting period requires purchasing during OEP. Also, having “creditable coverage” can help waive the waiting period.
If a break in coverage more significant than 63 days occurs, the insurance company doesn’t have to waive a waiting period.
You should never cancel coverage until you have confirmed that your new policy has been approved and issued. Once the new plan offers you satisfaction, then cancel the initial policy.
Kansas Medicare Supplements Premiums
When and where you purchase your policy will have an impact on price. Overland Park Medigap won’t cost the same as a Plan in Wichita.
Since Policies are mostly attained age rated in this state, the age you buy your policy will affect the premium. Attained age only means that the premium increases as your age increases.
Best Medicare Supplement Plans in Kansas
Across the nation, the same top 3 Medigap policies are recommended. Since Medigap policies are standardized, these policies boast the same benefits nationally.
Plan F has the most comprehensive coverage. Next is Plan G, which covers all the gaps except for the Part B deductible. Then, Plan N is the third most selected policy.
Medicare Advantage Plans in Kansas
This coverage has a list of covered doctors that can change at any time. When you enroll in a Medicare Advantage plan, Medicare is no longer responsible for your healthcare claims.
In 2019, 17% of enrollees chose a Medicare Advantage plan in Kansas.
Medicare pays a fixed amount for your care each month to the companies offering Medicare Advantage Plans.
These companies must follow the rules set by Medicare. Each plan can charge different out-of-pocket costs.
Part C may require you to obtain referrals for specialists. Leaving the service area could mean you’re responsible for 100% of the cost.
Medigap policies cannot work with Medicare Advantage policies.
If you have End-stage renal disease (ESRD), you typically can’t enroll in a Medicare Advantage plan. You can enroll in a Medicare Advantage Special Needs Plan if the plan serves individuals with ESRD explicitly.
Let’s say Dorthy has a Medicare Advantage plan when she takes an ambulance to the hospital. Well, the ambulance will cost $265.
Then the inpatient stay is $250 PER DAY for days 1-7, which could total $1,750 if she stayed a week in the hospital. That’s more than the Part A deductible!
Then every time Dorthy sees the specialist, she pays $30. This will add up throughout the year. Having a Medigap policy makes it easier to budget for healthcare. Pay the premium and relax with the rest.
Kansas Medicare Part D Prescription Plans
Part D of Medicare covers most of the medications prescribed by doctors.
Part D doesn’t cover most over the counter prescriptions.
Stand-alone Part D Plans compliment your Medigap policy and Original Medicare, giving you the most comprehensive coverage.
Each Part D plan is different because each formulary varies.
Some medication policies can be purchased for less than $20; however, finding the policy that offers you the best value is most important.
For example, if Dorthy saves money each month by purchasing a $40 drug plan and paying less for her drugs, then that’s what she should buy.
Kansas Medicare Resources
Low-income beneficiaries have options to help pay for their Medicare costs.
If you qualify for QMB, SLMB, OR QI program, benefit from extra help paying for your Medicare prescription drug coverage.
All beneficiaries will benefit from following the CMS Newsroom, which offers updated information for seniors.
How to Compare Medicare Supplement Plans in Kansas
Applying for a Medicare Supplement in Kansas is simple and can be done telephonically. Just call one of our agents at the number above and discover the best Medigap policy for you in your area.
Medigap offers us quality coverage, budget-friendly healthcare, and flexible doctor selections. Choose Medigap by calling an agent!
When you chose us for enrollment, we’re here for you for the life of your policy. If you need assistance or have a question, our client care team specializes in handling post-application concerns.
Can’t chat right now? Fill out an online rate form to discover the best plan for your needs!