What is Medicare Supplement Insurance Plan? A Medicare Supplement insurance plan helps cover the costs that are left unpaid after Medicare Parts A and B pay their portion of your healthcare expenses. Unlike a Medicare Advantage plan, which is an alternative to your Medicare Parts A and B benefits, a Medicare Supplement plan is purchased in addition to your Medicare Parts A and B benefits. Medicare Supplement policies are standardized into 10 plans - labeled "A" through "N", each with its own set of benefits. Plan A covers the most basic benefits. These basic benefits are also covered in each of the remaining Medicare Supplement plans - B through N. Plans B through N provide additional coverage beyond the basics. Medicare Supplement policies are sold by private insurance companies. While the costs of these policies may vary, individual insurance companies must provide the same standardized benefits. Some companies may offer innovative benefits. To purchase a policy, in general you must be enrolled in Medicare Part A and Part B. In addition to paying the monthly Medicare Part B premium to Medicare, you will have to pay a premium to the insurance company providing your coverage. How do I enroll in a Medicare supplement insurance plan? To enroll in TakeCare’s Medicare Supplement Insurance Plan (called TakeCare Plus), you will need to complete an Enrollment Form and submit it to TakeCare Customer Service. Forms are available in hard-copy at TakeCare Customer Service. You need: • Medicare Supplemental Plan Enrollment Form • A valid identification card (Passport, Driver’s license, etc.) • Any other type of Insurance card • Medication listing, if taking any • Copy of Medicare Card • Automatic Payment Authorization Form • Authorization to Release and Disclose Protection Health Information. What Medicare Supplement Insurance Plans does TakeCare offer? TakeCare offers plan A, B, and F. Am I eligible to purchase a Medicare Supplement Insurance Plan? If you're enrolled in Medicare Part A and Part B, you're probably eligible to buy a Medicare Supplement policy. During your Medicare Supplement Open Enrollment Period – for people 65 or older, that’s six months after you sign up for Medicare Part B – a company must allow you to buy any Medicare Supplement insurance plan offered. In some states these plans may be available to those under age 65. Does Medicare Supplement Insurance plans replace Medicare Parts A and B? Unlike a Medicare Advantage plan, which is an alternative option to Medicare Parts A and B, Medicare Supplement insurance plans are purchased in addition to your Medicare Parts A and B benefits. What are the enrollment dates? There are no specific enrollment dates for a Medicare Supplement insurance plan. The best time to buy an insurance policy is during your Medicare Supplement Open Enrollment Period which lasts six months. It starts on the first day of the month in which you are BOTH age 65 or older AND enrolled in Medicare Part B. In some states, these plans may be available to those under age 65. For those enrolling in a Medicare Supplement insurance plan prior to the age of 65, your Medicare Supplement Open Enrollment Period begins on the first day you're enrolled in Medicare Part B. Once your Medicare Supplement Open Enrollment Period starts it cannot be changed. Find more details at Medicare Supplement Enrollment and Eligibility. During this period, you cannot be denied coverage, nor be made to wait before coverage begins. What if my open enrollment period is over? You can still apply for a Medicare Supplement insurance plan after your Medicare Supplement Open Enrollment Period has expired. However, your application may be subject to medical underwriting (i.e., a review of your medical history and current health) unless you qualify under guaranteed issue rights. You also may have the right to buy a Medicare Supplement policy outside of your Medicare Supplement Open Enrollment Period if you lose certain types of health coverage. In general, this right is for 63 days from the date coverage ends or from the date you receive notice that your coverage will end. When will my Medicare Supplement insurance coverage begin? In general, your coverage begins on the first day of the month after TakeCare receives your completed application - unless you request a later effective date, or you applied prior to your Medicare Part A or B effective date. Can my membership in TakeCare Medicare Supplement Insurance plan be cancelled? Medicare Supplement coverage is guaranteed renewable for life, which means TakeCare cannot cancel your policy because of your age or health. Your policy may be cancelled if you fail to pay any monthly plan premium or due to a material misrepresentation on your application. Do I need a physical examination when I apply for a TakeCare Medicare Supplement Insurance plan? No, but you may need to answer health questions. Responses to medical questions are not required if you are applying during open enrollment or qualify for guaranteed issue. How do I pay my premiums for my Medicare Supplement Plans? For our Medicare Supplement Plans, in addition to the monthly Medicare Part B premium to Medicare, you pay a premium to the insurance company that provides your coverage. TakeCare offers several ways to pay, including automatic bank account withdrawal or credit card. You also have the option of a coupon book. Choosing automatic bank withdrawal or credit card as your payment method, results in a $5 discount to your monthly plan premium. Will my premium change? Premium changes are dependent on the type of policy you purchase. For example, if your policy is issued as an "attained-age" policy, your premium will increase as you age. Premiums are also annually adjusted to reflect changes in Medicare. Do I have to use certain doctors? No. With a Medicare Supplement insurance plan, you have the flexibility to choose any doctor or hospital who accepts Medicare patients.