Maryland Medicare Plans
Maryland offers many Medicare plans. Through the use of Supplements, many plan combinations can cover all or nearly all of a beneficiaries out-of-pocket costs. Medicare Supplements have a lot of perks depending on the type of Supplement you choose.
Maryland Medicare plans open enrollment
At 65 you are ready to enroll in Medicare benefits. Your open enrollment period actually begins 3 months prior to your birthday and continues for the 3 months following your birthday. At this time it is also best to enroll in a Supplement as you cannot be declined for you health conditions.
You are able to enroll in Supplements at any time during the year, but you will be subject to a health screening and can be declined coverage based on the results of that screening.
Deductibles and coinsurance are costs often left behind by Original Medicare policies. Outpatient expenses are only covered at 80%. These reasons may persuade you into enrolling in a Supplement.
A Medicare Supplement will put a cap on your out-of-pocket spending and will allow you see any doctor that see Medicare patients.
There are 10 plans lettered A-N. Similarly lettered plans provide similar coverage. The only difference comes down to the price of the plans. This is why you’ll want to shop for the plan that fits your healthcare needs and your budget.
If you were enrolled in Medigap plans C or F prior to 2019, you are able to remain enrolled in those plans. If you are a new beneficiary you will not be able to enroll in those plans.
Medicare Advantage Plans
There are 23 Medicare Advantage or Part C plans in Maryland, depending on the county you live in. These plans are private plans that offer all the Original Medicare coverage as well as provide additional benefits.
These additional benefits are dental, vision and prescription drug coverage.
Medicare Part D
Part D plans can assist you in covering the out-of-pocket costs at the pharmacy. There are 25 Part D plans in Maryland. Many beneficiaries who need coverage for prescription drugs will choose to enroll in a Part D plan or an Advantage plan as Original Medicare and Supplements do not cover prescription drugs.
How we can help
Remember, all plans provide a standardized coverage. The main difference comes down to the price of the plans. This is why you will want to compare and shop the plans that best fit your healthcare and budgetary needs. Our Medicare agents can assist you through this process at no cost to you. Let us help you enroll in the best fit.