Florida Senior Health Insurance
Explore Your Options
The Sunshine State, just the name may make you want to flock there. Because of its warm weather, ocean views and agriculture many people move to Florida for retirement. One of the most popular “snow bird” states many decide to cash in their “snow bird” name to become a true resident after they retire. Whether you were born and raised in Florida or decided to move there when you retire it’s important to know what your options are when becoming eligible for Medicare.
Medicare Supplements also known as Medigap Plans are available state wide. This type of plan is standardized by the government and is designed to cover gaps in Medicare Part A and B. This coverage includes deductibles and copays. Depending on the policy type you choose, you will have different benefits and coverage. Medigap policies range from 10 different standardized polices for example “Plan F” to “Plan N” will have different levels of coverage. Though benefits won’t change between carriers, customer service, premiums and rate increases will. It may not always be the best choose to go with a carrier with the lowest rate at the time you sign up but one you know has a history of smaller rate increases and great customer service. A specialist at MySeniorHealthPlan.com can help you make an informed decision.
Medicare Supplements don’t include prescription drug coverage so they are often paired with a stand-alone Prescription Drug Plan (Part D). Prescriptions are covered based on their tier level, which is located in each plan’s formulary. It is important to understand if your prescriptions are covered by the plan enroll into and their associated costs. Not taking any prescriptions? Most people still obtain Prescription Drug coverage to avoid getting the Part D penalty. To learn more about the penalty click here. Another reason that it is important to have prescription drug coverage is to ensure that you are covered should you need prescriptions in the future. If you need Extra Help paying for your prescriptions please visit http://www.socialsecurity.gov/medicare/prescriptionhelp/
Florida has multiple different options for Medicare Advantage Plans. However, it’s extremely important to note that these plans are county specific. Many people like to enroll into the same plan a loved one has, however if they reside in a different county it may not be available. These are network based plans and depending on plan type you may need to obtain a referral from your Primary Care Physician in order to see a specialist. Medicare Advantage Plans (Part C) are managed health plans approved by Medicare. You will still have Medicare however Medicare benefits will be covered by your plan. To learn about the Medicare Advantage Plans available in your area contact a specialist at MySeniorHealthPlan.com.
Some Florida residents also have coverage through Indian Health Services. The relationship between the Federal Government and Native American tribes constitutes various rules to follow. However, CMS has made Medicare & Medicaid healthcare services accessible to all Native Americans who are eligible. For more information visit http://www.cms.gov/Outreach-and-Education/American-Indian-Alaska-Native/AIAN/
Indian Health Services: http://www.ihs.gov
State Site: www.myflorida.com
Social Security: http://www.socialsecurity.gov/medicare/prescriptionhelp