Best Medicare Supplement Plans in North Carolina for 2019

Now that you are 65 years of age or are about to reach that milestone, it’s time to learn something about the best Medicare Supplement Plans in North Carolina for 2019. These health plans do not take the place of your Original Medicare benefits, but they supplement those benefits, and they can offer you several advantageous options for Medicare beneficiaries. These options include the following:

  • Payment for skilled nursing facilities
  • Home health care
  • Medicare Part A and Medicare Part B deductibles
  • Original Medicare’s coinsurance
  • Medicare Part B excess charges
  • Foreign travel
  • They DO NOT cover Stand Alone Medicare Prescription drug plans
  • You still have to continue to pay your Medicare Part B premium

Best Medicare Supplement Plans in North Carolina: Stats

The top five North Carolina counties are the following:

  • Mecklenburg County with 1,034,290 people
  • Wake County with 1,023,811 people
  • Guilford County with 517,197 people
  • Forsyth County with 368,362 people
  • Cumberland County with 332,766 people

In the year 2017, more than 1.2 million citizens in North Carolina enrolled in Medicare Part A and/or Medicare Part B according to the Centers for Medicare and Medicaid Services. In addition to that, 447,341 Carolina residents also purchased Medicare Supplement insurance plans in North Carolina for 2019.

Best Medicare Supplement Plans in North Carolina for 2019: Popular Plans

Insurance companies can offer you at least 10 different Medicare Supplement plans in North Carolina for 2019. The plan that you eventually purchase will be standardized and will come from a private insurance company. For example, you may wish to ensure that your medical costs are covered when you are out of the country. Medicare Plan F, Medicare Plan G, and Medicare Plan N in North Carolina would provide this coverage for you.

The insurance company that sells you a Medicare Supplement insurance plan in North Carolina for 2019 must be licensed in the state. If the company is not licensed to sell Medigap policies, do not purchase from the company. If you currently a have Medicare Part C, also known as Medicare Advantage plan PPO or HMO, an insurance agent would be breaking the law if he or she sells you a Medigap policy, you cannot be enrolled in a Medigap plan and Medicare Advantage plan at the same time. You must be enrolled in Medicare Part A and Part B before you can purchase one of the Medigap plans in North Carolina for 2019.

Medicare Supplement Insurance Plans in North Carolina: Key Benefits

When you compare rates, you will be able to see which company is offering you the lowest rates. You will have to make sure that you are comparing rates for plans that offer the same coverage or else this strategy will not work.

When you receive several rates, you will want to find the lowest rates for the following plan options:

  • Coinsurance
  • Copayments
  • Deductibles
  • Premiums

The best Medigap policies in North Carolina will have the lowest rates for the most amount of coverage.

When you start looking for the best Medicare Supplement plan in North Carolina, you and your spouse will have to apply for separate plans. One Medigap policy cannot have two beneficiaries. You will also need to consider a separate Medicare Part D plan for your medications.

Best Medicare Supplement Plans in North Carolina for 2019: Coverage Options

Medicare Supplement insurance plans in North Carolina for 2019 are also called “Medigap policies,” and you must be enrolled in Medicare Part A and Medicare Part B to purchase one. The best time that you should consider purchasing a Medigap plan is during your Medigap open enrollment period. If you fail to do this, you will be charged a penalty.

The initial enrollment period begins the month that you turn 65 years old and enroll in Original Medicare, and it lasts for six months. Your Medicare insurance company will be able to use underwriting that allows the agents to determine whether or not you are a good risk, but if you enroll during the open enrollment period, the insurance company cannot turn you down even if you are experiencing health issues.

As a bonus, you can renew your policy every year even if you have health problems. If you are paying your premiums every month, your insurance company will not be able to cancel your policy.

Benefits of Medicare Supplement Plans in North Carolina for 2019

The best Medicare Supplement plan in North Carolina for you is the one that helps cover the services that are most important to you. You can search for a Medigap policy that pays the following costs:

  • A majority of your out-of-pocket costs
  • Part A deductible
  • Part B deductible
  • Coinsurance or copayments

Medicare Supplement insurance plans in North Carolina do not offer you prescription drug coverage, but you are entitled to receive prescription drug benefits with a seperate plan. The Medicare Part D drug plans are optional, but if you wish to purchase one, you must do so during the enrollment period.

If you decide at a later date that you would like to have a prescription drug plan, you will be charged a late enrollment penalty. This is something that you must try to avoid because Medicare will charge this penalty for as long as you have prescription drug coverage through Medicare.

Medigap plans in North Carolina for 2019 will cover the services that your Original Medicare insurance does not cover. After Medicare pays its portion of the costs, your Medigap policy will pay the remainder. There may be an amount that you may have to pay, but you can lower this amount by choosing the Medigap plan that offers you the most coverage.

When you purchase a Medigap policy, you will have a monthly premium, and you will need to pay this premium as well as the premium that you are already paying for your Part B coverage.

You might believe that the best Medicare Supplement plan in North Carolina must give you health insurance for medical expenses charged to you when you are outside of the country. As was mentioned above, you can be the beneficiary of this type of policy. The best Medigap plans that have coverage for foreign travel include Plans C, D, E, F, G, H, I, J, M, and N. we can help you find the right plan information in order for you to find the best Medicare coverage.

North Carolina Medicare Resources

If you need help paying your premiums, deductibles or coinsurance, North Carolina may be able to help you. Click on the link below:

The best Medicare Savings Programs

Extra Help With Part B Premiums