When you turn 65 and you live in Florida, you usually become eligible for Medicare. This is especially true if you’ve started receiving Social Security benefits. According to Medicare.gov many seniors rely on a Medicare Supplement plan or Medicare Advantage plan in Florida to receive their Medicare benefits. We work with seniors turning 65 needing Medicare help in Florida. In fact, we can help you no matter where you live in the Sunshine State. We can find you the best Medicare Supplement plan in Tampa Bay, Miami, Palm Bay and most other Florida counties.
Original Medicare Part A and Part B won’t cover all of your health insurance needs. In fact there’s about a 20% gap leftover once Original Medicare is paid out. Typically Florida seniors will choose to enroll in a Medicare Advantage Plan (Part C) or a Medicare Supplement Plan (Medigap) to get their health insurance expenses covered. Our insurance agents are independent brokers so we work for multiple insurance carriers. Our goal is help you find the right Florida Medigap plan to fit your budget. In fact, we can help Medicare beneficiaries save money on their overall health insurance expenses.
There’s a couple options to consider when choosing a Medicare plan. One is that you can get a Medicare Supplement Plan another option is to get a Medicare Advantage Plan. Please note, you cannot be enrolled in a Supplement Plan and a Florida Advantage plan at the same time. Both Supplement and Advantage plans in Florida are offered by private health insurance carriers, not the Federal Government. There are a few important differences between a Medigap plan and an Advantage plan.
First of all, a Medicare Advantage plan in Florida requires you to use a network of doctors, clinics and hospitals. These plans are similar to one you may have had at work and they are either an HMO or a PPO. Like your traditional health care plan, there are deductibles, copayments and coinsurance that you are responsible for. Most Medicare Advantage plans in Florida include prescription drug coverage. The monthly premiums for a Medicare Advantage Plan in Florida can range from $0 to $150. Some Medicare Advantage plans in Florida include Emergency Care if you’re traveling. Please note, Medicare Advantage plans in Florida vary by county. This is something you’ll want to remember. If you live in Sarasota County an Advantage Plan in Palm Bay County may not be available to you. Again, Florida Advantage plans vary by location.
The second option for receiving your Medicare benefits would be a Medicare Supplement plan. Florida Medigap plans are different than Advantage plans. One of the biggest differences is that there are no network restrictions. You can use your Medicare Supplement plan at any doctor, clinic or hospital in Florida that accepts Original Medicare. The other great thing about Florida Medigap plans is that they are guaranteed renewable every year. This means that once you are enrolled in a Medicare Supplement plan you can’t lose your coverage even if your health should change. Another difference between Supplement plans and Advantage plans is that Supplement plans do not have prescription drug coverage. If you choose a Florida Medigap plan you’ll also want to purchase a stand alone Part D plan. The monthly premium for a Florida Medigap plan is about $100 to $400 a month. Also, unlike Advantage plans, most Medigap plans do not provide dental, hearing or vision coverage.
Whether you choose a Medicare Supplement plan or a Medicare Advantage plan you’ll need to first enroll in Original Medicare Part A and Medicare Part B. You can get enrolled in Medicare for the first time online or by visiting your local Social Security office.