Medicare is a federal program that provides healthcare to persons that are older than 65 years. This healthcare program is available according to several different criteria. Different Medicare options, classified according to types, into four types, are available. There are also Medicare supplement plans. Medicare offers differ according to the type as well, and the location of the individual’s primary residence.
The available Medicare options, for Johnson County Indiana, are highlighted in this article. We bring you an overview of options that are available. The Medicare plans highlighted include the 2019 plans and the 2020 plans.
It is important to be aware of the plans and offers available in your locality. That way you will be able to make an informed decision and get the best value. Discussing the available options with an experienced agent is an especially important step in finding the most suitable plan for you and your individual needs.
Medicare Advantage Plan for Johnson County
22 Medicare advantage plans are available to persons in Johnson County currently. These plans include MSAs, HMOs and PPOs. There are also regional PPOs, a PFFS and an HMO-POS, all under the 2019 plans.
Of the 22 2019 plans under the Medicare Advantage Plan category available for Johnson County, just one each is PFFS, MSA or a HMO-POS. 9 of the 2019 plans are PPO’s. There are 8 HMO plans. You can also choose from any of the three regional PPOs available in this category for Johnson County.
Plans have already been rolled out for 2020, as open enrollment is currently open at the time of writing this article. There are 24 of such Advantage (Part C) plans for people in Johnson County. These plans are also available in different forms. The forms of the 2020 plans include MSA, HMO-POS, PPO, HMO and regional PPO’s.
There is one 2020 MSA and PFFS plan each for residents of Johnson county. Three regional PPOs are on the list which also has 2 HMO-POS. PPOs and HMOs are numerous on the list with 10 and 7 options, respectively.
Part D Medicare plans (prescription drug plans)
There are 26 2019 prescription drug plans listed for Johnson County. These plans are offered by different organizations with a monthly premium range from about $15 to about $91. Apart from the monthly premiums, the conditions attached to the plans differ. One of these plans, has a monthly premium of $15.50 with a deductible of $415 which must be paid before the plan becomes operational. When the list is arranged in the order of increasing premium, this is the first option, coming in at the lowest cost per month. It has a three star rating from CMS (Medicare).
For 2020, there are 28 prescription drug plans that apply to Johnson County. The plans have a monthly premium range of about $13 to about $75. When arranged in an order of descending order, the first on the list, has a monthly premium of $74.70, making it the most costly plan in the area. No drug deductible was listed for this plan which had a 3.5 rating.
Medigap policies are also available to persons in Johnson County that are older than 65. Persons that are older than 65 can choose from any of the available 11 Medigap policies. The Medigap policies applicable to Johnson County include the Medigap plan F-high deductible. This plan is available at a monthly premium range of $24 to $500 (depending on age and carrier). A $185 part B deductible applies to this plan. Benefits of the Medigap plan F-high deductible for Johnson County include foreign travel emergency, skilled nursing facility and part A deductible help.
There is a second Medigap plan F option available to persons in Johnson County. This version of the Medigap plan F has a premium range of $63 to $900. It is especially noteworthy that no part A and part B deductible applies to this plan. The plan is, however, is not going to be available to new Medicare beneficiaries starting soon. Benefits of this plan include foreign travel emergency and coverage for most skilled nursing facility cost. Both versions of the Medigap plan F are offered by a number of companies.
Medigap Plan A, offered by different companies, is another Medigap option for persons in Johnson County that are older than 65 years old. The plan has a monthly premium range of $63 to $600. Features of Medigap Plan A also include a $185 medical deductible. A part A deductible also applies to the Medigap Plan A.
It is important to choose the plan that is most suitable to your needs. Finding such a plan involves a proper consideration of the features of the plan against your needs. Plans such as Part D of Medicare and Medigap policies can also be combined, while other plans cannot and may cause automatic cancellation of other coverage when combined. Under Medicare, there is a variety of options, as highlighted above. Factors such as your healthcare needs and budget could influence your decision. For this reason it is usually recommended that you work with an educated agent to find the right coverage for your needs. Set an appointment online or call us at the number above to set a no cost medicare needs consultation.