Texas Medicare Plans
Medicare plans in Texas are best when combined with Supplements and/or Part D coverage. This is because Original Medicare can leave behind thousands in out-of-pocket costs. There are many combinations of plans and additional benefits, so it is best to work with a Medicare agent who can assist you with shopping the best plans and helping you save money while not sacrificing great coverage.
Texas Medicare plans open enrollment
In Texas you can enroll in Medicare benefits at 65. Your enrollment period begins three months before you birthday and extends for three months following your birthday. At this time it is best to enroll in a Supplement as you cannot be denied based on your current health.
While you can enroll in a Supplement at any time throughout the year, you will be required to complete a health survey and can be denied coverage based on your pre-existing conditions.
The Medicare plans in Texas are best when combined with a Supplement. Original Medicare leaves behind coinsurance and deductible costs. You may have additional costs as Original Medicare only covers about 80% of outpatient costs.
A Supplement can put a cap on out-of-pocket spending. Another benefit is you can see any doctor that accepts Medicare.
There are ten standardized plans lettered A-N. Similarly, lettered plans offer similar cover, the only difference being the cost. It is so important to compare and shop the best plan for your healthcare needs and your budget. We offer a service to assist you with this process that free!
If you were enrolled in Medigap plans C or F before 2019, you could remain enrolled in those plans; however, new beneficiaries cannot enroll in those two plans.
Medicare Advantage Plans
Advantage plans (Part C) are private insurance plans that offer all the same benefits of Medicare as well as additional benefits. These additional benefits include coverage for vision, dental and prescription drugs. In Texas there are 54 plans available depending on the county you reside in.
Open enrollment for existing beneficiaries runs from January 1st through March 31st. At this time you may switch plans or choose to enroll in an Original Medicare plan instead of an Advantage plan.
Medicare Part D
Part D plans provide coverage for prescription drugs. These plans are important as original Medicare and Supplements do not provide this coverage and can leave beneficiaries with a large amount of out-of-pocket expenses. There are 27 Part D plans in Texas to choose from. If you want to limit your expenses on prescription drugs enroll in an Advantage plan or Part D plan.
How we can help
Remember, all plans provide standardized coverage, and the only difference is the cost. Our Texas licensed agents are ready to help you shop these plans to create the best combination of coverage for your needs and your budget. We offer this service at no cost to you. Reach out today and allow us to assist you through this enrollment process.