As you approach retirement age, you may be wondering about your healthcare options. Medicare is a federal program that provides health insurance for people over the age of 65, but it doesn’t cover everything. That’s where Medicare supplement insurance comes in. AARP Medicare Supplement plans can help fill the gaps in Medicare coverage, providing you with greater peace of mind.
What is AARP Medicare Supplement Insurance?
AARP Medicare Supplement Insurance is a type of health insurance that is designed to work alongside Medicare. It’s also known as Medigap, because it helps fill in the “gaps” in Medicare coverage. These gaps can include deductibles, copays, and coinsurance. By choosing an AARP Medicare Supplement plan, you can help protect yourself from unexpected healthcare costs.
AARP is a nonprofit organization that provides a wide range of services and benefits to people over the age of 50. AARP has partnered with UnitedHealthcare to offer AARP Medicare Supplement Insurance. UnitedHealthcare is one of the largest health insurance companies in the United States, so you can be confident in the quality of the coverage you’ll receive.
What does AARP Medicare Supplement Insurance cover?
AARP Medicare Supplement plans are standardized by the federal government, which means that each plan must offer the same basic benefits. However, there are different levels of coverage available, ranging from Plan A to Plan N. The higher the plan level, the more comprehensive the coverage.
Here’s a breakdown of the benefits offered by each AARP Medicare Supplement plan:
- Plan A: This plan covers Medicare Part A coinsurance and hospital costs for an additional 365 days after Medicare benefits are used up. It also covers Medicare Part B coinsurance or copayment.
- Plan B: In addition to the benefits offered by Plan A, Plan B covers the Medicare Part A deductible.
- Plan C: This plan offers more comprehensive coverage than Plan A and Plan B. It covers Medicare Part A and Part B deductibles, as well as Part A coinsurance and hospital costs for an additional 365 days after Medicare benefits are used up. It also covers Medicare Part B coinsurance or copayment.
- Plan D: Plan D covers the same benefits as Plan C, except it does not cover the Medicare Part B deductible.
- Plan F: This is the most comprehensive AARP Medicare Supplement plan. It covers all the benefits offered by Plan C, as well as the Medicare Part B deductible.
- Plan G: This plan offers the same benefits as Plan F, except it does not cover the Medicare Part B deductible.
- Plan K: Plan K covers 50% of Medicare Part A coinsurance, as well as 50% of hospice care coinsurance or copayment. It also covers 50% of the Medicare Part B coinsurance or copayment.
- Plan L: Plan L covers 75% of Medicare Part A coinsurance, as well as 75% of hospice care coinsurance or copayment. It also covers 75% of the Medicare Part B coinsurance or copayment.
- Plan M: Plan M covers 50% of the Medicare Part A deductible, as well as 50% of hospice care coinsurance or copayment. It also covers 50% of the Medicare Part B coinsurance or copayment.
- Plan N: This plan covers the same benefits as Plan D, except it requires you to pay a copayment of up to $20 for doctor visits and up to $50 for emergency room visits.
How do I enroll in AARP Medicare Supplement Insurance?
To enroll in AARP Medicare Supplement Insurance, you must first be enrolled in Medicare Part A and Part B. You can then contact AARP or UnitedHealthcare to learn more about the different plan options and enroll in the plan that best meets your needs.
