OPERS Health Care



Insurance companies that offer Medicare Advantage plans engage in a familiar ritual every fall. For policies sold before June 01, 2010, there are fourteen standardized plans A through L. For policies sold on or after June 01, 2010, there are 11 standardized plans A through N. Each standardized Medigap policy must provide the same basic core benefits such as covering the cost of some Medicare copayments and deductibles.

Medicare Advantage's all-in-one plans help simplify the complexity around Medicare, and may offer more comprehensive and cost-effective benefits-including Part A hospital insurance, Part B medical insurance, and Part D prescription drug benefits. Often there are supplemental and preventive services that a private company may provide that isn't available through the Original Medicare programs.

In this case, you would get a guaranteed issue of a Medicare Supplement Plan A, B, C, or F from any company (as long as you apply within 63 days of losing your other coverage). Same for the stand-alone Part D prescription drug plans. Your Original Medicare plan will generally cover the other 80 percent coinsurance for Part B.

Credit for the time that a person was previously covered under Medicare shall be required only if the applicant submits an application for Medigap insurance prior to or during the six month period beginning with the first day of the first month in which an individual is both 65 years of age or older and is enrolled for benefits Medicare Plans 2019 under Medicare Part B.

How are Seniors Choosing and Changing Health Insurance Plans?” was based on focus-group discussions with seniors in Baltimore, Md.; Seattle, Wash.; Memphis, Tenn.; and Tampa, Fla.; and is authored by researchers at the Kaiser Family Foundation and PerryUndem Research and Communication.

Most Minnesota seniors do NOT have Medicare Cost Plans. Medicare Supplement Plans are also available to persons eligible for Medicare because of disability. Cigna Medicare Supplement Insurance is the industry-leading medicare supplement insurance company serving 95 million customers and working with any Medicare provider.

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