Medicare becomes available to a person as soon as they turn 65. As a federal program, certain eligibility criteria apply to Medicare beneficiaries. This eligibility criteria includes residence in the US for a minimum of 5 years.
Under the Medicare program, a variety of plans are offered by organizations. The available plans differ according to the location as well as the type of Medicare program. Medicare is divided into four parts, part A, part B, part C and part D. There are also Medicare supplement plans that can complement some of these parts.
In Marion County Indiana and Indianapolis, there is a wide range of plans under Medicare. Some of these plan benefits are highlighted below to provide a general overview of available healthcare coverage in the area. The plans highlighted include the current 2019 plans and those that will be become available in 2020. If you are reading this from October 15th to December 7th, you could consider the plans and register for the most suitable one now. The plans available for Marion County under Medicare are highlighted in the different categories below.
Medicare advantage plans for Marion County
For 2019, there are 22 plans available for Marion County Indiana. These plans are available in different specifications. The plans include MSA, HMO, PPO, regional PPO, PFFS and HMO-POS. Of the 23 2019 Medicare advantage plans for Marion County, there is one PFFS, HMO-POS and MSA plan, respectively. There are 8 2019 Medicare advantage plan under the HMO category, with 9 PPO plans available for the Marion county area. There are 3 2019 regional PPO plans available in the area.
The 2019 Medicare advantage plans for Marion County, under the Medicare advantage plan, include a plan offered by a national Healthcare carrier. The features of this plan include a $0 health plan deductible. A $225.00 drug deductible also applies to this plan, along with many drugs being offered with 0 co-pay when ordering a 90 day supply via mail order. Most hospitals and many doctors participate in this plans network as well.
For 2020, 23 Medicare advantage plans are available for Marion County. These plans span across different categories. The 2020 Medicare advantage plans for Marion county include MSA, PPO, HMO-POS, HMO, regional PPO and PFFS.
On the list of these plans, there are two HMO-POS plans with one MSA and PFFS plan each. A total of 6 HMO plans are available on the list, which also has 10 PPOs. There are 3 regional PPOs on the list.
One of the PPOs available to persons in Marion County in 2020 Features a $0 health plan deductible and $0 monthly premium. A $185.00 drug deductible as well as an out-of-pocket max of $10,000 for in and out-pocket expenses and $5,000 for out-of-pocket expenses also applies to this plan.
Prescription drug plans
In the Marion County area, there are 26 prescription drug plans. These 26 plans are currently available for 2019 and provided by different organizations with their benefits and features varying.
Of the 26 2019 part D plans available to the Marion County area, the plan with the least premium has a monthly premium of 15.50 with a drug deductible of 415. The highest monthly premium on the list comes in with a monthly premium of 91.90, the features of the plan include a deductible of 0.00 for all tiers.
2020 prescription drug plans have also been listed for Marion County. There are 28 of such plans. The 2020 part D plans for Marion County include a low cost option. The plan has the lowest monthly premium on the list, 13.20, with other features such as a deductible of 435.00. The highest monthly premium on the list comes in at 74.70 with a drug deductible of 0.00 for all tiers.
Medigap plans for Marion County
Medigap plans are available to persons that are older than 65 years old. For Marion County, 11 Medigap policies are available. The different Medigap policy are offered by different organizations, with varying premiums.
Some of the available Medigap policies for Marion County include the Medigap Plan F – high deductible. This plan has a monthly premium range of $24 to $400, depending on your age and carrier chosen. A $185 part B deductible applies to this plan. A part B medical co-insurance also applies to the plan. Some of the benefits of this plan include payments to a skilled nursing facility, foreign travel emergency and part A deductible help.
The Medigap plan L is another Medigap policy available for Marion County. The monthly premium range is $63 to $600. The plan has features such as a part B deductible of $185 and part A deductible of $341. A 5% part B co-insurance is another feature of this plan. The benefits of this plan includes payments to a skilled nursing facility as well as part A deductible help.
Medigap plan A is also available to residents of Marion County Indiana. The features of this plan include a monthly premium range of $63 to $400. Features of this plan include a $185 part B deductible, a part B coinsurance in the form of 20% of the cost that is covered by Medicare and a part A deductible of $1364.
Having been presented with an overview of the available options for Medicare and Medigap, it is important to carefully consider them to decide on the option most suitable to your needs. An agent will provide expert insight in examining the suitability of these plans to your needs. You’re sure to get the best value of health insurance with professional insight and guidance. Set a time today to meet with your own personal advisor at no cost to you.