What can Summit do for me?

Summit can save you time and money by having one of our trained medicare insurance advisors answer your questions and shop the lowest rates in your area in the comfort of your own home.

Fill most or ALL of the Gaps in Medicare Insurance Coverage for Less When You Compare Medicare Supplement (Medigap) Plans and Rates from Top Rated Supplemental Insurance Companies.

Compare Different Medicare Supplements

Shopping for a Medigap policy can be confusing.  Summit Insurance Solutions takes the hard work out of making a selection thats best for you and your loved ones. Be sure to carefully review and compare each policys details, including features such as the right to renew and exclusions for pre-existing conditions.

Summit Insurance Solutions will help you save money by providing you with a Medigap Plan that fits your needs whether you are new to Medicare or looking to switch plans. We provide plans from only the top A rated companies with strong financial standings.

Email us at info@summitinsurancesolutions.com or give us a call for more information at 1-888-40-Summit (1-888-407-8664).

Most insurance companies that provide Medigap insurance have agreements with Medicare to receive claims directly so you dont have to submit claims be sure to ask the Medicare supplement insurance company if it has a crossover arrangement with Medicare. Insurance companies are required to offer a 30-day free look period for Medigap plans, during which your loved one can cancel for a full refund.

Each of the Medigap plans costs a different amount, and each health insurance company may charge a different premium on top of what you pay for Part B coverage.  Email us or give us a call we would be happy to help.  The more information you provide us, the better we can target and compare the best Medicare Supplement Plan for you.

Reasons most Seniors prefer Medicare Supplement Plans

1.       You can choose your own doctors and hospitals.

2.        No referrals needed for specialists

3.      Coverage is guaranteed renewable. (you can never be canceled other than for non-payment).

4.      You can use your coverage anywhere in the United States and when traveling out of the United States.

5.      Coverage automatically increases as Medicare raises their deductibles and co-pays, the plan never becomes outdated.

How Medicare Insurance and Medigap Insurance Work

A Medicare Supplement Insurance policy, also known as Medigap Insurance is private health insurance that is designed to supplement Medicare Insurance. Medicare Insurance is health insurance for people age 65 or older, under age 65 with certain disabilities, and any age with End-Stage Renal Disease (permanent kidney failure requiring dialysis or a kidney transplant).

Original Medicare (Part A and Part B) covers many health care services and supplies, but there are many costs (gaps) it doesnt cover. These include, but are not limited to, monthly premiums, deductibles, co-payments, coinsurance, long-term care, routine dental care, dentures, cosmetic surgery, acupuncture, hearing aids, and exams for fitting hearing aids. You pay the full cost of services not covered by Medicare.

Medigap Insurance helps pay some of these health care costs that Original Medicare doesnt cover. If you are in Original Medicare and you have a Medigap policy, Medicare will first pay its share of the Medicare-approved amounts for covered health care costs. After that your Medigap policy pays its share. (Note: Medicare doesnýt pay any of the costs for you to get a Medigap policy.)

When to Buy Your Medigap Policy

The best time to buy a Medigap policy is during open enrollment, the 6-month period that begins on the first day of the month in which you are both age 65 or older and enrolled in Part B. (Some states have additional open enrollment periods.) After this initial enrollment period, your option to buy a Medigap policy may be limited so we highly recommended that you purchase your Medigap policy during open enrollment. This period will last for six months.

The Basics of Medicare Health plans

Medicare is federal health insurance for people age 65 and older, under age 65 with certain disabilities, and any age with End-Stage Renal Disease (permanent kidney failure requiring dialysis or a kidney transplant) who are a US citizen or have been a permanent legal resident for at least 5 continuous years, regardless of their income.

Medicare is divided into a number of parts. Original Medicare (Part A and Part B) covers many health care services and supplies, but there are many costs and co-payments (gaps) it doesnt cover.  For more detailed information on Medicare benefits go to the governments Guide to Medicare.

Medicare Part A

(Hospital Insurance) covers inpatient hospital, skilled nursing facility, home health care and hospice care. Medicare Part A also pays for all but the first three pints of blood in a calendar year.  Most people do not have to pay a monthly Part A premium because they or a spouse has 10 years (40 quarters) or more quarters of Medicare-covered employment.  The Part A premium is $254.00 per month for people having 30-39 quarters of Medicare-covered employment.  The Part A premium is $461.00 per month for people who are not otherwise eligible for premium-free hospital insurance and have less than 30 quarters of Medicare-covered employment.

Medicare Part B

(Medical Insurance) covers reasonable and necessary medicare medical services, including doctorsý services, laboratory and x-ray services, durable medical equipment (wheelchairs, hospital beds etc.), ambulance services, outpatient hospital care, home health care, blood and medical supplies. In most cases, Medicare Insurance pays 80 percent of the cost of covered services. Medicare Part B also pays for some preventive services. Ask your physician about screening tests, flu shots, and vaccines covered by Medicare.

The standard Medicare Part B monthly premium will be $110.50.  A small number of beneficiaries with higher incomes will incur an income-related adjustment.  For details refer to SSA Publication No. 05-10161  New Rules for Beneficiaries With Higher Incomes or call 1-800-772-1213

Medicare Part C

Also called Medicare Advantage and is an optional plan that will combine all the benefits of Medicare Parts A & B, as well as Medicare prescription drug coverages and may provide some or all of the benefits previously available through a standardized Medicare supplement plan. These Medicare Advantage Plans may be Managed Care type plans such as HMO, PPO, or Private Fee for Service plans.

Medicare Part D               

is the optional Medicare prescription drug coverage and makes coverage for prescription drugs available to all people with Medicare.

For additional medicare information you can click the links below:

Medicare and You

A Quick Guide to Medicare

email us at info@summitinsurancesolutions.com for more information or you can call us at 1-888-40-SUMMIT (1-888-407-8664)

www.medicare.gov