Michigan Senior Health Insurance
Explore Your Options
Separated into two peninsulas and only connected by the Mackinac Bridge, Michigan is home to over 9.9 million people. Surrounded by multiple lakes and rivers, Michigan is a great state to call home when you decide to retire. Knowing what Senior Health Insurance options are available to you is the first step.
The supplemental Medicare options available in Michigan are broken down into three categories: the Medicare Supplement Plan (Medigap Plan), various Prescription Drug Plans, and an assortment of Medicare Advantage Plans.
Medicare Supplement Plans are offered by private health insurance companies and are designed to help cover costs that Original Medicare doesn’t. Medicare Supplement Plans are standardized by the government, meaning benefits don’t change between carriers. What does differ is premium costs, customer service and carrier credibility. Medicare Supplement Plan premiums are based on the state in which you reside but the benefits can be used nationwide. Medicare Supplement Plans do not include prescription drug coverage. This is why most people will also enroll into a Prescription Drug Plan.
Prescription Drug Plans (Part D) are stand-alone policies offered by private health insurance companies. Different prescriptions are covered based on their tier levels found within the plan’s formulary. While making sure that all your prescriptions are covered under a certain plan can be a daunting task, the Specialists at MySeniorHealthPlan.com can help make your options more clear. If you need Extra Help paying for your prescriptions please visit http://www.socialsecurity.gov/medicare/prescriptionhelp/
Medicare Advantage Plans (Part C) are also available in Michigan. These are network based plans that are county specific. In Michigan, you have the options of signing up for an HMO, PPO or POS. Most Medicare Advantage Plans available in Michigan include Prescription Drug coverage, however not all of them do. To be sure you know what type of Medicare Advantage Plan you are signing up for be sure to consult with a Specialist at MySeniorHealthPlan.com. Our job is to make this a smooth and comfortable transition for you. Give us a call now to discuss your options!
Some residents of Michigan have Indian Health Services as well. 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
Michigan Office of Services to the Aging: http://www.michigan.gov/osa
Michigan Department of Human Services: http://www.michigan.gov/dhs