One of the core areas of expertise at Health Insurance by Mike Fisher is assisting individuals with enrolling in Medicare. Understanding the complexities of Medicare is crucial for seniors who wish to secure the best possible coverage. The agency’s knowledgeable staff guides clients through the intricacies of Medicare and the ever-changing enrollment process. Once enrolled, they help clients choose the plan that best fits their needs and budget. This personalized service has established Health Insurance by Mike Fisher as a trusted name among seniors in Pennsylvania.
Medicare Advantage Plans
Medicare Advantage plans, also known as Part C, are an alternative to Original Medicare. These plans are offered by private insurance companies and must provide the same benefits that Original Medicare offers, except hospice care. However, they often include additional benefits such as vision, dental, and hearing coverage, as well as fitness programs and wellness services. Health Insurance by Mike Fisher collaborates with top insurers to offer a range of Medicare Advantage plans, providing clients with options that enhance their healthcare experience.
Medicare Supplement Plans
Medicare Supplement plans, also known as Medigap, are designed to cover the 20% co-insurance and deductibles in Original Medicare. These plans are standardized across most states, meaning the benefits are the same regardless of the insurer. However, the premiums can vary. At Health Insurance by Mike Fisher, clients receive expert advice on selecting a Medigap plan that complements their Original Medicare and provides added financial protection. In addition to enrolling in a Medicare Supplement plan, beneficiaries must enroll in a seperate Part D Plan for prescription coverage.
Part D Prescription Drugs
Medicare Part D plans are provided by private insurers, each offering different formularies and premiums. Formularies list the prescription drugs covered, with all required to include at least two drugs per condition. Most plans use a tier system, typically with five tiers; co-payment varies, with Tier 1 often at $0.00 and Tier 5 being the highest. Beneficiaries must enroll in a Part D plan when eligible to avoid penalties. Part D plans are included in most Medicare Advantage but must be purchased separately when enrolled in a Medicare Supplement plan.
Mike Fisher do not offer every plan available in your area. Currently we represent five organizations which offer more than fortytwo products in your area. Any, information that is provided is limited to those plans he offers in your area. For additional information please visit Medicare.gov or call 1-800-MEDICARE to get information on all of your options.