The Prerequisites for Having a Medicare Supplement Plan

There are several significant prerequisites that must be in place before you are eligible for a Medicare Supplement plan. Take note to understand these and make sure you have them taken care of before you begin the processing of enrolling in a Medicare Supplement plan.

  1. First and foremost, you must live in the area in which the plan you are signing up for is offered. Medicare Supplements vary by zip code (different companies over plans in different areas). So, just because you have heard of someone in a different place having a plan, that does not necessarily mean that the plan is offered in your area. You must make sure you live in an area in which your plan is offered and available.
  2. Secondly, you must have both parts of Medicare – Part A and Part B. Typically, everyone gets Part A the first day of the month that you turn 65. You will receive a Medicare card 2-3 months in advance of this date, signifying that you are in Medicare’s records and that your Medicare benefits will be starting soon. If you are already receiving Social Security at that time, you will also be enrolled in Part B typically. So, you’ll receive a card and information in the mail signifying that you are in both parts of Medicare. If you, for some reason, do not wish to take Part B (usually if you are still covered through an employer or still working), you will have to contact Medicare to delay Part B. In order to be eligible for a Medicare Supplement, you MUST have both parts of Medicare – Part A and Part B – at the time the Medigap plan takes effect. This does not mean that you must wait to sign up for a Medigap until after your Medicare starts. Most companies give you 6 months prior to your 65th birthday in order to sign up for a plan. You should use this time to sign up for a plan, in order to have everything in place at the time your Medicare starts.

Getting a Medigap plan is an important part of going on Medicare. It is important to compare the plans, understand them, and choose wisely. If you want a comparative quote from of available plan in your area, please contact us on our website or call us at 877.506.3378.

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