Can you be denied supplemental Medicare insurance in St. John, Indiana? Well, timing is crucial in this scenario — in other words, when you enroll for the coverage determines your chances of approval.
Medicare offers hospital insurance (Part A) as well as medical insurance (Part B) to people over the age of 65. It also caters to people under 65, falling into various categories based on different disabilities. There is also the option to enroll in prescription drug coverage (Part D). With all things considered, enrolling in Medicare is easy when you are eligible and know what type of plan you need.
Medicare does not cover copayments, coinsurance, and deductibles. As such, you have the option to apply for supplemental Medicare insurance in St. John, Indiana to limit these costs. We are going to explain the process below.
How to Apply for a Medicare Supplement Plan
If you can beat the clock, the procedure to apply for a Medicare supplement plan is simple. Upon turning 65, sign yourself up for Medicare Part B coverage, and you are valid for Medicare supplement for the next six months (A.K.A. Medigap Open Enrolment Period or OEP).
During OEP, Medigap insurance providers must offer you the best available coverage, regardless of your health history. If you fail to act upon this requirement, insurers can charge higher premiums for supplemental plans or decline your coverage altogether. If you are denied coverage, you can always speak to your supplemental Medicare insurance provider in St. John, Indiana about other options that are available.
Enrolling in Medicare at 65
If you postpone enrolling in Medicare after turning 65 since you already have health coverage at your job, you can qualify for guaranteed Medigap coverage at the best prices. Retiring after 65 still confers you the right to purchase Medicare supplemental for up to 63 days after your previous coverage terminates. In this duration, the same rules as the Open Enrollment Period may apply.
Open Enrollment Period
If you wish to purchase supplemental Medicare insurance in St. John, Indiana, during the Open Enrollment Period, no one can deny you coverage. The OEP term commences on the first day of the month you turn 65 and join Medicare Part B. It continues for the consecutive six months. The insurance provider cannot increase plan costs due to preexisting diseases, charge penalties, or create other inconveniences, provided you maintain continuous and unblemished coverage.
Missing the Deadline
Now, in case you miss the deadline for purchasing a Medigap policy, you still stand a chance to get your coverage under the Special Enrollment Period (SEP). There are ways to qualify for the Special Enrollment Period, and you can speak to your agent to discuss these in detail.
One of the ways is that if you move out of the service area of PACE (Program for All-Inclusive Care for the Elderly), you can qualify for the Special Enrollment Period.
Furthermore, if your employer-sponsored retiree plan concluded but you maintained continuous coverage, you can apply for supplemental Medicare insurance in St. John, Indiana, under the Special Enrollment Period. Other common SEP circumstances include:
- Losing eligibility in the employer-sponsored retiree
- The plan keeps offering benefits but terminates supplemental coverage
- The plan doesn’t cover Medicare Part B coinsurance
Looking for a Supplemental Medicare Insurance Provider in St. John, Indiana?
If you are looking for the top-rated supplemental Medicare insurance provider in St. John, Indiana, you’ve come to the right place — Senior Care Insurance Services is here to help. Our knowledgeable agents can help you find the supplemental coverage you need without any hassle. Contact us today at 219-736-7800 to schedule a free consultation with one of our agents.