If you are looking for Medicare plans in Charlotte, North Carolina, this is a guide for everything you have available to you.
Original Medicare leaves behind significant gaps in coverage. Medicare only pays up to 80% of its specified services and there is no out-of-pocket limit.
So, if you visit a doctor or hospital with any kind of frequency, your healthcare costs could be astronomical.
That is where insurance plans like Medicare Supplements or Medicare Advantage come in. Both of these products have plans available that implement out-of-pocket limits and other benefits Medicare beneficiaries will find quite useful.
We’ll break them down here.
Medicare Advantage plans in Charlotte, North Carolina
There are 26 Medicare Advantage plans available in Mecklenburg county. Some of them come at no additional cost to you.
The way these plans work is you continue to pay your monthly premiums for Original Medicare. Then, the insurance company you purchase your Advantage plan from receives a portion of your premium from Medicare to cover your healthcare.
That allows the insurance company to provide you with additional benefits that do not come with Original Medicare. These benefits can include:
- Out-of-pocket limits
- Transportation to doctor and hospital visits
- Fitness memberships and classes
- Routine dental, vision, and hearing exams
- Prescriptions for eyeglasses and hearing aids
- Prescription drug coverage
If you have a chronic illness, you may also receive benefits specific to your disease including:
- Education programs for your disease
- Appointments with a nutritionist who specializes in your illness
- Support services for your disease
- Meal delivery or transportation to grocery stores
Check with a licensed Medicare insurance agent for details on plans available to you.
Medicare Supplements in Charlotte, North Carolina
Medicare supplements provide coverage for the 20% leftover costs of Original Medicare. These are different from typical insurance policies wherein they don’t actually cover the services themselves. They kick in additional coverage once Medicare pays its share.
There are 10 plans available, each designated by a different letter A-N. Coverage is standardized, so plans of the same letter from every insurance company provides the same coverage. The only difference will be price. So, the best thing to do is to work with an insurance broker, like Safeguard Benefit Services, who has access to many insurance carriers and can shop your policy for the best price available.
Each supplement offers a different amount of additional cost savings on these services:
- Medicare Part A coinsurance and hospital costs
- Medicare Part B coinsurance or copayment
- Blood transfusion (first three pints)
- Part A hospice care coinsurance or copayment
- Skilled nursing facility coinsurance
- Medicare Part A deductible
- Medicare Part B deductible *
- Part B excess charges
- Foreign Travel Emergency
*Plans that cover this expense are no longer available to those who turned 65 on or after January 1, 2020.
Medicare Part D plans in Charlotte, North Carolina
Original Medicare does not offer any coverage for prescription drugs. The only way to get coverage for your medications is to purchase a Medicare Part D plan or get coverage through a Medicare Advantage plan.
Part D plans come with a list of drugs they cover called a formulary.
These formularies have drugs broken down into tiers. The tiers are usually separated based on whether the drug is name brand or generic. Different tiers have different costs associated with them.
However, if a doctor recommends that you take a drug with a higher cost associated with it, you can file an exception and ask that the insurance company offer higher coverage for it.
There are 28 plans available in Mecklenburg county.
Get our Medicare help for free
Our licensed Medicare insurance agents can help you pick a plan. And our help doesn’t cost you a dime or increase your plan’s premium! In fact, our clients usually find that we help them acquire cheaper plans with better coverage than what they could on their own or with another agent.
That is because we are a family-owned independent insurance agency with access to lots of insurance carriers. We work for YOU not the insurance companies.
Send us a message or give us a call at 1-800-675-8916.