Medicare

For just $99, our Medicare Supplemental Plan consulting package provides a comprehensive analysis and comparison of Medicare policies to find best Supplemental coverage for your individual situation at the most affordable price.

Finding your way through the world of Medicare can be overwhelming. From choosing the best Medicare plan to finding the appropriate Medicare Supplemental and prescription drug plan coverage, it can be a maze to navigate on your own. After learning more about your specific life and health situation, Adelphi Financial will provide a general overview of Medicare and Medicare Supplemental Policies and explain which types of coverage would be most appropriate given your needs.

We work with numerous major insurance companies that offer Medicare Supplement, Medicare Advantage, and Medicare Prescription Plans. Based on your unique requirements, we'll run quotes for multiple policies, reviewing all the coverage options to find the Medigap policies that best meet your needs at the lowest price.

If you have already claimed or are just now claiming your Social Security, we can show you how your monthly benefits will be impacted (adjusted) based on your anticipated Medicare plans. If necessary, we can help to strategize alternatives to produce a more favorable tax or premium cost scenario.

What is a Medicare Supplement Insurance policy?

A Medicare Supplement Insurance (Medigap) policy is health insurance sold by private insurance companies which can help pay some of the healthcare costs that are not covered by Original Medicare, such as coinsurance, copayments, or deductibles.

What Medicare Plans do I need to qualify for a Medicare Supplemental Policy?

You must have Part A and Part B Medicare in order to qualify for a Medicare Supplemental Policy. If you join a Medicare Advantage Plan, you do not qualify for a Medicare Supplemental Policy.

When is the best time to buy a Medicare Supplement policy?

The best time to buy a Medicare Supplement policy is during your Medigap Open Enrollment Period, which lasts for six months and begins on the first day of the month in which you are both 65 or older and enrolled in Medicare Part B.

How do insurance companies set prices for Medigap policies?

Medigap policies can be priced of "rated" in 3 ways:

1. Community-rated
2. Issue-age-rated
3. Attained -age-rated

When can I change my Medicare Supplement Plan?

You can change your Medicare Supplement plan type at anytime, but it may require underwriting.

Can I have a Medicare Advantage and a Medicare Supplement Policy?

No, you can either have a Medicare Advantage Plan or a a Medicare Supplemental Policy.

Am I required to have a Medicare Part D Prescription Plan?

No, you are not required, but given the medications you might take, it could be advantageous to have a Part D Prescription Plan.