Comprehensive Wisconsin Medicare supplement coverage can help you avoid substantial out-of-pocket medical costs. These supplements, also known as Medigap policies, are designed to fill in gaps in your Original Medicare coverage and offer predictable monthly premiums. However, not all Medicare Supplement plans are the same. In fact, some cost much more than others for the same coverage. Choosing the right plan for you depends on your budget and health care needs.
If you’re in the market for a Medicare Supplement policy, be sure to shop around. In most cases, the best rates for a plan will be found from companies that have high customer satisfaction ratings and low claim loss ratios. The best way to find these companies is to use a comparison tool that includes costs for the most popular Medicare Supplement plans. Compare rates based on the type of coverage you’re looking for, as well as whether or not the insurance company has guaranteed issue policies for individuals who lose their employer plan or sign up outside an open enrollment period.
The State of Wisconsin offers an online calculator that helps you understand the costs of different types of Medicare Advantage and Medicare Supplement plans. This tool allows you to select a plan based on your specific preferences and budget, and it shows you the monthly cost for each option. It also provides information about the plan’s benefits and costs, including copays. If you’re not sure which plan is best for you, consider contacting a Medicare counselor.
Wisconsin’s State Health Insurance Assistance Program (SHIP) provides free and unbiased Medicare support for its residents. SHIP counselors can help with plan selection, enrollment, costs, and programs that can reduce your health care expenses. Counselors can be reached by phone, online, or through a local SHIP office.
In addition to the information available through the tools and resources listed above, there are a number of other sources for help with your Medicare coverage. Many states have dedicated departments that offer Medicare coverage assistance. These programs can help you understand your options, answer questions about Medicare Advantage and Medicare Supplement plans, and assist with completing any required forms or paperwork.
Alternatively, you can find additional resources on the Centers for Medicare and Medicaid Services website. These resources include a comparison of Medicare benefits and costs, a listing of all Medicare Part A and B covered services, a Medicare Advantage and Part D overview, a guide to Medicare supplement coverage, and a list of public programs that can help pay for some health care expenses.
Regardless of where you live, it’s important to get the information you need to choose the right Medicare plan for you. A trusted resource for Medicare beneficiaries is NerdWallet, which can help you compare different Medicare Advantage and Medicare Supplement plans in your area. Its editors draw from multiple sources of information to produce their reviews, which are thoroughly researched and fact-checked for accuracy and timeliness. Additionally, NerdWallet is independently owned and operated.