Medicare Supplement: Arlington, Dallas, Denton, Fort Worth

TX Medicare Supplement
As the Texas population ages, individuals inevitable encounter more medical problems that require addition and costly health care services. As health care costs have increased at a dizzying rate, there has been an ever-growing concern over how to pay for these costs. Because the coverage and benefits provided by Medicare are by no means comprehensive, Medicare supplements have stepped in to fill these gaps in coverage. Medicare Supplements pick up coverage where Medicare leaves off.

Employment and Cobra

Your Part B enrollment rights can be affected if you have coverage through an employer (including FEHBP) or union, and you or your spouse is still working.

When the employment ends, three things happen:

1. You may get a chance to elect COBRA coverage, which continues your health coverage through the employer’s plan (in most cases for only 18 months) and probably at a higher cost to you.

2. You may get a special enrollment period to sign up for Part B without a penalty. This period only lasts for 8 months after your employment ends. This period will run whether or not you elect COBRA, so if you wait until your COBRA ends, your special enrollment period will probably be over.

3. If you sign up for Part B, it will also start a 6-month Medigap open enrollment period which gives you a guaranteed right to buy a Medigap (Medicare Supplement Insurance) policy. Once this period starts, it also can’t be delayed or repeated.

Resources:
www.medicare.gov

Some of our favorite providers are:

• UnitedHealthcare®
• Mutual of Omaha
• AMerican National
• Assured Life Association

Many More Options Available!

Medicare Supplement In TX
• Arlington
• Dallas
• Denton
• Fort Worth