Blue Cross Blue Shield Medicare Supplement Insurance
Blue Cross Blue Shield offers some of the most competitive
Medicare Supplement Insurance Plans
Anthem Blue Cross Blue Shield (BCBS) is among the largest insurers in the country, covering about one in three people. BCBS is comprised of different companies that are each owned by local people. The BCBS network of local offices is over 80 years old, and has grown to offer health insurance throughout the nation.
BCBS and Medigap Insurance
One of the options you have as a Medicare beneficiary is to expand your Medicare benefits by adding a Medigap plan. Up to 10 types of Medigap insurance are available in several states. That lets you customize benefits to fit your situation.
Unlike other types of health insurance, Medigap plan coverage has been standardized to make it easy to compare coverage versus cost. Medigap plan benefits are identified by plan letters. For example, Medigap Plan A has the least amount of coverage and Medigap Plan F offers the most comprehensive benefits.
Medigap plans are accepted by providers who accept Medicare coverage, and Medigap automatically picks up the charges Medicare doesn’t cover, depending on which Medigap plan you choose.
Your state officials control which Medigap plans are available in your state, but you can see the benefits of all 10 forms of Medigap insurance by clicking here. And, our instant quotes will show you a selection of Medigap plans for your state offered by leading insurance companies that have been prescreened for financial soundness. We rely on A.M. Best, an independent financial rating organization, and represent insurers with some of the highest ratings.
BCBS and Medicare Advantage Plans
You also have an alternative to traditional Medicare. BCBS is one of the insurance companies that contracts with Medicare to provide Part A and B benefits. These Medicare Advantage plans typically add extra benefits, such as help with eyeglasses, hearing aids and prescriptions.
Medicare Advantage plans operate differently than Medigap plans. Insurance companies offering Advantage plans contract with doctors, hospitals and other medical providers to charge predetermined rates for services provided to plan policyholders.
In an emergency, Advantage plan coverage works outside of that network of providers. In nonemergency situations, Advantage plan coverage is usually restricted to in-network providers. That makes it important to find an Advantage that has contracted with the physicians you use.
Unlike Medigap plans, Advantage plan benefits are not standardized. Our licensed agents will help you compare the coverage and cost of Medicare Advantage plans that are available where you live. While Medigap plans are available on a state-wide basis, Advantage plans tend to be available on a local or regional basis.
Just give us a call at 1-800-913-3416 (toll free) or click here to request a confidential telephone consultation. We’ll do the research, help you narrow down your choices to the most promising plans, and see which ones best match your individual needs. Of course, there’s no charge for our professional opinion and our consultations are confidential.
Medi Gap Advisors is an licensed Anthem Blue Cross Blue Shield agency.