Medicare Insurance Plan Importance

Medicare Insurance Plan Importance

Missouri Medicare Supplement Plans

Basic benefits include coverage for coinsurance for days 61-90 of inpatient hospitalization, coverage for coinsurance for lifetime reserve days 91-150, coverage for an additional 365 days of inpatient hospital care in your lifetime, coverage for the hospice 5% coinsurance for Medicare approved charges for inpatient respite care and 5% coinsurance for prescription pain medications, coverage for the first three pints of blood and coverage for 20% coinsurance for Part B medical services. Missouri Medicare Supplement plans are also commonly referred to as Medicare gap insurance.

Missouri Medicare Supplement Open Enrollment

Your Missouri Medicare Supplement Open Enrollment Period (OEP) will last 6 months & begins the first day of the month your Medicare Part B takes effect and you are at least 65 years old. You can still apply for one of the Missouri Medicare Supplemental plans after your OEP ends, but the carrier has the right to reject your application and you may be subject to underwriting. Underwriters have the ability to decide what coverage you qualify for and what Missouri Medicare Supplement insurance rates you should be charged. Buying a plan during your MO Medicare Supplement Open Enrollment qualifies you to receive Guaranteed Issue (GI). If you have Guaranteed Issue, a carrier cannot deny you a policy because of your current health status or past claims.

Missouri Medicare Supplement Providers

There are multiple Missouri Medicare Supplement Providers that offer Missouri Medigap plans such as Blue Cross Blue Shield, Cigna, Humana, Mutual of Omaha, Loyal American Life Insurance Company, Transamerica, United American, etc. Cigna Medicare Supplements have been an AM Best Rated A Company for years with conservative rate increases. They also ensure 90% of Fortune 500 companies.

Missouri Medicare Supplement Anniversary Rule

Missouri also has a different rule called the Missouri Medicare Supplement Anniversary Rule. Once a year you can switch to a similar plan with no medical questions or underwriting required.You can make this change beginning 30 days before the issue date of your new policy and it will go until 30 days after the issue date as long as your move to the same letter plan.

Medicare Supplement Plans for Missourians Under 65 Years of Age

All residence in Missouri who’ve been approved for Social Security disability under the age of 65 years old are granted Guaranteed Issue. However, the cost for the policy may be different compared to seniors over the age of 65. Our licensed Missouri senior Medicare agents can assist in finding out additional information, contact us today.

Compare Missouri Medicare Supplement Plans Online

For more information, or if you have any additional questions, check out our frequently asked questions section here. We also provide tips and recent health care information on our blog regularly. If you like to see our senior Medicare agents in action, head over to our video gallery where they answer more FAQs. Let our representatives find you the best Medicare Supplement plans in Missouri today!

Our goal is to simplify the application process, we offer a few options to compare rates.

  1. Call the number above to speak to an agent licensed in Missouri directly
  2. Use our contact form to be connected with an agent who can help you
  3. Compare Missouri Medicare Supplement Plans Online here!