Medicare Supplement Plans Virginia

Medicare Supplement Plans Virginia

Shop and Compare 2022 Medicare Supplement Plans in Virginia with your local Richmond insurance broker Steven Hughes. You can Get a Live online Medicare Medigap quote or simply call me (Steven Hughes) to compare up to 25 Medicare Supplement insurance policies in Virginia. As your local licensed Medicare agent, I can help you a plan that fits your needs. For a live quote online quote click on the blue link below and enter your age, gender and zip code to find your best rate and policy.

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Steven Hughes is Rated as One of the Best Medicare Insurance Agents in Richmond Virginia

I Steven Hughes have been rated as one of the Best Medicare Insurance Agents in Richmond, Virginia for 2022 by Expetise.com. They reviewed 3,804 Medicare Insurance Agents in Richmond and rated me as one of the Top 14 agents. Of the top 14 Best rated Medicare insurance agents I was 1 of only 6 to receive the best ratings awarded by Expertise.com. Call me to schedule a private phone and allow me a chance to earn your business.

Why Choose a Medicare Supplement Insurance Plan in Virginia?

When it comes to your health a Medicare Supplement plan gives you the freedom to choose your own doctors. There are no networks, no preauthorization required for any medical procedures, and you’re never required to get a referral to see a specialist. Plus, when you’re traveling the coverage goes with you anywhere in the U.S. You will be able make your own healthcare decision and instead of the insurance company making them for you. That freedom could mean everything when it comes to accessing a needed medical treatment or a specialist. Once you have enrolled in a Medicare Supplement Plan it cannot be canceled because of your age, your health, or the number of claims you make. Of course, you may cancel your Medicare Supplement Plan any time you wish.

What is a Medigap Plan and How Do They Work?

A Medigap plan is the same thing as a Medicare Supplement plan. Medigap plans cover some or all costs left over from Original Medicare Part A & Part B. A Medigap plan can help cover copays, coinsurance and deductibles. Plans are offered by private insurance companies for example Anthem Blue Cross & Blue Shield. They must be clearly identified as “Medicare Supplement Insurance’. There are 10 Medigap plan types. Each plan type is named by a letter. Plans A and B provide the least coverage. Plans C, F and G are the most compressive and may help cover Part B deductibles or excess charges. *Although Plans C and F are only available to people who became eligible for Medicare before 01/01/2020. The remaining plans available fall somewhere in the middle. Some Medigap policies also offer coverage for services that Original Medicare doesn’t cover, like medical care when you travel outside the U.S.

What Else Should You Know About Medigap?

Before you enroll in a Medicare Supplement plan in Virginia you must have Part A and Part B. You will pay a private insurance for example Aetna a monthly premium for your Medicare Supplement policy. Also, if you enroll a Medigap and a separate Medicare drug plan with the same company you will need to make 2 separate premium payments. A Medigap policy only covers one person. The premium for the same exact Medicare coverage for example Plan G can vary from company to company, so it’s important to contact me to shop and compare plans.

Best Time to Buy Your Medigap Policy

The best time to buy a Medigap policy is during your open enrollment period. This is a 6-month that begins the first month you have Medicare Part B. If you don’t enroll during this period, you may not be able to buy a Medigap plan. If you’re able to buy a Medigap after this period, it may cost more.

Can You Change Your Current Medicare Supplement Plan?

Yes, you can change your Current Medicare Supplement Plan in Virginia at any time, although there are no guarantees that your application will be accepted. First, we can review your current Medigap plan to see if it’s possibility to improve your current coverage or lower your premium. I’m just a phone call away so, don’t wait any longer call me today to see if we can lower your premium or improve your benefits.

Making an Educated Medicare Insurance Buying Decision

We can review company ratings, so you can make an informed buying decision.

Company Customer Satisfaction Ratings: Based on publicly available consumer complaint data and proprietary survey data conducted by FreeMedicareReport.com. Fewer complaints and higher survey ratings result in a higher ranking.

Market Experience: Based on number of years of experience and market share percentage for each company (number of policyholders and total premiums). More years of experience and higher market share percentages result in a higher ranking.

Premium Increases: We can the premium increase history for each company. This information can help you make an informed buying decision.

Understanding 2022 Original Medicare Part A & Part B Costs & Benefits at a Glance

Part A Premium: Most people don’t pay a monthly premium for Part A (sometimes called “premium-free Part A”). If you buy Part A, you’ll pay up to $499 each month in 2022. If you paid Medicare taxes for less than 30 quarters, the standard Part A premium is $499. If you paid Medicare taxes for 30-39 quarters, the standard Part A premium is $274.

Part A hospital inpatient deductible and coinsurance:

You pay: $1,556 deductible for each benefit period

Days 1-60: $0 coinsurance for each benefit period

Days 61-90: $389 coinsurance per day of each benefit period

Days 91 and beyond: $778 coinsurance per each “lifetime reserve day” after day 90 for each benefit period (up to 60 days over your lifetime)

Beyond lifetime reserve days: all costs

Part B Premium: The standard Part B premium amount is $170.10 (or higher depending on your income). Part B has a $233 deductible and then coinsurance. After your deductible is met, you typically pay 20% of the Medicare-Approved Amount for most doctor services (including most doctor services while you’re a hospital inpatient), outpatient therapy, and durable medical equipment (dme).

Popular Virginia Medicare Supplement Plans

Supplement Insurance (Medigap) Plan F

With Medicare Supplement Plan F, you can get the most complete coverage available in Richmond, Virginia. Because the plan covers costs in excess of Medicare-approved amounts, you may have no out-of-pocket costs for hospital and doctor’s office care with this policy. **This plan isn’t available if you turned 65 on or after January 1, 2020, and to some people under age 65.

Medicare Supplement Plan F covers:

Basic Medicare benefits including

In addition to the basic benefits, Plan F also provides coverage for:

According to a 2014 report by American Health Insurance Professionals, about 56% of all Medigap policies in force were a Medicare Supplement Plan F policy. Medicare Supplement Plan F isn’t available if you turned 65 on or after January 1, 2020, and to some people under age 65. Contact me to learn more about who can buy this plan.

Never Pay a Doctor Copay:

The reason why Medicare Plan F is so popular is that it will pay for all of the gaps in Original Medicare Part A and Part B, including both your hospital and outpatient deductibles. Plan F even pays the 20% that Part B does not cover. This means you pay zero out-of-pocket at your doctor’s office and hospital stays. It’s easy to see why a lot of people think Plan F is the best.

*Plan F also has a high-deductible option. If you choose the high-deductible option on Medicare Supplement Plan F, you have to pay a deductible of $2,240 for 2018 before the plan pays anything. This amount can go up each year. High-deductible policies have lower premiums, but if you become sick, you’ll have higher out-of-pocket costs. Depending on where you live, you may be eligible for Medicare Select Plan F.

Medicare Supplement (Medigap) Insurance Plan G

If you turned age 65 after 01/01/2020 Medicare Supplement Plan G is the most comprehensive policy, you can enroll in. Plan G is the policy that my clients most often purchase.

Medicare Supplement Plan G Details

Hospital (Part A) Deductible: You Pay $0

Medical (Part B) Deductible: You Pay $233

Part B Copays/Coinsurance: You Pay $0 Generally your cost for approved Part B services

Footnote * Doesn’t include the standard Part B premium for $170.10 each month.*

COVERED SERVICES

What you will pay for Part A services

Hospital stays

lifetime reserve days

Skilled nursing facility (for Medicare-covered stays)

Blood (during a hospital stay)

Hospice care $0

What you will pay for Part A & B services

Home health care (for Medicare-approved services) $0

Durable medical equipment (covered by Medicare) First: $233 (Part B deductible) Then: $0

What you will pay for Part B services

Covered Part B services

Preventive services: $0 Generally for most preventive services Medicare covers

Part B excess charges: $0

Blood (outside a hospital stay)

Tests for diagnostic services: $0

Footnote: Note: Although the Part B deductible of $233 appears more than once, you only pay it one time each year.

Extra benefits – not covered by Medicare

Foreign travel emergency

Footnote: Policies may include additional benefits not listed here. Contact me to find out what additional benefits each company may offer, if any.

Supplement Insurance (Medigap) Plan N Details

GENERAL COSTS

What you will pay

Hospital (Part A) deductible$0

Medical (Part B) deductible$233 Part B copays/coinsurance $0 Generally your cost for approved Part B services with some $20 and $50 copays

Footnote * Doesn’t include the standard Part B premium for $170.10 each month. *

COVERED SERVICES

What you will pay for Part A services

Hospital stays

Skilled nursing facility (for Medicare-covered stays)

Blood (during a hospital stay)

Hospice care$0

What you will pay for Part A & B services

Home health care (for Medicare-approved services)$0Durable medical equipment (covered by Medicare)

What you will pay for Part B services

Covered Part B services

Preventive services$0 Generally for most preventive services Medicare coversPart B excess chargesAll costsBlood (outside a hospital stay)

Tests for diagnostic services$0Footnote

Note: Although the Part B deductible of $233 appears more than once, you only pay it one time each year.

Extra benefits – not covered by Medicare

Foreign travel emergency

Footnote: Policies may include additional benefits not listed here. Contact me to find out more.

Steven Hughes Medicare Insurance Agent

Contact Steven Hughes for Medicare Insurance Plans in Virginia
Contact Steven Hughes to Compare Medicare Supplement Insurance plans rates from up to 25 companies in Richmond Virginia.

We at SMH Insurance Agency, Inc. have worked with Medicare Insurance since 2001. I (Steven Hughes) have been working with Virginia seniors and selling Medicare insurance plans since 1991. Please contact me and allow me a chance to become your Medicare Insurance Agent.

This is a solicitation for insurance.

Pictured Below are Some of the Company’s we Sell

Note: We’re not allowed to show some company’s logos even though we are licensed to sell their plans. If you’re looking for a quote for a certain company, but don’t see them listed it’s most likely that we represent them but aren’t allowed to publicly display their logo on our website.

Anthem independent medicare insurance broker near me, medicare agents websites
Shop Anthem Medicare Supplement Plans with your local Richmond, Virginia authorized agent Steven Hughes.

Anthem Medicare Supplement Plan Details & Live Quote Link

Central States Health & Life Co. of Omaha Medicare Supplement Plan in Virginia
Central States Health & Life Co. of Omaha Medicare Supplement
Accendo Insurance Company part of the CVS Health family of companies and Aetna Affiliate Medicare Plans
CVS Medicare Insurance Plans
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Medicare Plan G
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Cigna Medicare Supplement Plans

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