North Carolina Medicare Insurance
Get a Quote »If you are looking to compare the lowest rates from several North Carolina Medicare supplement insurance providers, then you are in the right place.
Our independent insurance agency represents all supplemental insurance carriers direct. Whether you want to compare rates or wish to discuss the ins and outs of Medicare insurance, we can help you.
Our agency represents several highly rated and affordable carriers including: AARP, Aetna, Aflac, Assured Life, Anthem Blue Cross, Forethought Life, Gerber Life, Mutual of Omaha, Sentinel Life, Standard Life & Accident, United Healthcare and several others.
North Carolina Medicare Supplement Insurance Quotes
The first thing to know is that Medicare is extremely standardized. A Plan F is a Plan F no matter which company you choose and from whom you purchase your coverage.
In fact, Medicare insurance prices are controlled by law. Medigap rates will always vary between competing companies, but a Plan F with Mutual of Omaha will cost the exact same whether you buy direct from an agent or through any other means.
That’s why it can be a good idea to use an independent agent to shop prices. Your premiums will not change and you get the added benefit of viewing several plans at once while also discussing ratings, rate renewals and other important factors that are more readily available to independent agents.
Popular Medicare Supplement Insurance Plans
In our experience, the most popular North Carolina Medicare supplement insurance options are Plans C, F and G. But one size does not fit all.
That’s why it is important to understand what each plan covers and what benefits you receive for the price.
We have put together an online Medicare supplement benefits chart for your convenience.
Our chart is designed to help you to understand what each plan covers as well as the known out-of-pocket expenses associated with the various coverages available.
It is important to keep in mind that Medicare deductibles, coinsurance, and copay numbers will usually change from year to year as determined by the federally run Centers for Medicare and Medicaid Services. When these numbers change, it automatically affects all plans.
Which Medigap Insurance Plan Is Right For You?
Most consumers will factor in their budget, health, and tolerance for out-of-pocket costs. While one senior might purchase a High Deductible Plan F to keep the premiums lower, someone else might purchase Plan N or G so that their coverage will begin sooner.
The point is that there really is no right or wrong plan when purchasing coverage. However, the most common mistake consumers make is waiting to purchase a plan until after their open enrollment window has expired. Should you miss your open enrollment window, then you can be turned down for coverage later due to poor health.
That is to say, medical underwriting can be a factor outside of open enrollment. Many people confuse the yearly Annual Election Period (AEP) with open enrollment. They are completely different and you can be turned down for supplemental insurance during the AEP window for poor health.
Understanding Prescription Part D Drug Plans
It is important to know that unlike with most Medicare Advantage plans, prescription Part D drug insurance must be purchased separately from your supplemental insurance coverage. While you can sometimes purchase supplements and Part D from the same insurance company, they will always be separate policies.
Should you choose not to enroll in a Part D plan during your open enrollment window and you do not have any other credible coverage, then you can be accessed a late enrollment penalty. The penalty cannot be later undone, so it is wise to enroll in a plan of some kind at the onset of your Medicare Part B.
Medicare Supplement Insurance Networks
There are no network restrictions to worry about with almost all Medicare supplement plans except for the rare Select plan. If you are purchasing a Select supplement, be sure to understand any network limitations associated with the policy.
In this way, traditional supplements can be more advantageous than Medicare Advantage plans – especially for those who travel often or spend significant time in different states during the year. You will not need to worry about being out of network with traditional supplemental coverage.
Contact Us For Quotes And Assistance
We are an independent agency offering Medicare supplement insurance in North Carolina direct to consumer. We can help you compare plans, quotes, rates, benefits, and renewal history.
Call us today to discuss all of your options.