AARP Medicare Supplement 2020
The Supplement plans that AARP sells offer incredible potential for seniors. There is a nice selection of these plans available, and they cover necessary, common medical expenses in a way that can save people with little to pay out of pocket. Think of how nice it would be to have most all of your medical expenses covered through your insurance policy and have almost nothing to pay out of pocket. That may be possible with an AARP Medicare Supplement for 2020.
What a Supplement plan does is add some coverage to an existing Original Medicare plan. It works as an addition to that plan, not overlapping or intersecting its coverage, so you are never paying for the same coverage twice. Supplement plans have been designed by Medicare with Original Medicare in mind. The Supplement plans specifically cover the leftover expenses created by a Medicare Supplement plan.
What’s in a Medicare Supplement?
The Supplement plans are meant to perfectly complement Original Medicare. So, where the Original Medicare plan stops offering coverage, the Supplement plan steps up and provides its coverage. It makes for a nice combination when you have these two plans working together, and that can provide seniors with some powerful, comprehensive coverage.
Supplement plans can cover you for copayments you have to make each time you visit the hospital or doctor’s office. They can also cover those annual deductibles and the coinsurance that you pay for nursing care and for hospice care. Supplement plans are also able to cover the cost of the blood you use each year that Original Medicare does not already cover. Supplements can even cover you for excess charges and for emergency foreign travel in some situations.
Plan G is the AARP Supplement that will offer the most coverage, out of those plans that are available to the general public. We think Plan G is the most valuable plan for the majority of seniors, since it covers so much but is priced quite affordably. You can use our website to see just how affordably priced it is and if it might be affordable for you. Plan G covers all the items we listed above, except for one. It will not cover the $185 Medicare Part B deductible, but most seniors can pay for that on their own without much trouble.
Medicare Supplement Plan N is a good second choice, and it right behind Plan G for total coverage. It asks that you pay for any Part B excess charges and for some copayments of $120 and $50 when you visit the doctor’s office or the emergency room. It also does not pay that same Part B deductible, but everything else is covered.
If you want your Supplement plan to cover every single Medicare Supplement expense, then you need to choose Plan F. However, this is the one AARP Medicare Supplement for 2020 that won’t be made available to everyone. The only way to get this plan at this point is to already be signed up for it. That means that you can renew your Plan F coverage, but you can’t sign up for it as your new plan.
AARP’s Supplemental Benefits
You won’t receive any additional coverage by signing up for your plan through AARP. They are not allowed to alter the coverage of these plans in any way, since it is Medicare that decides what a Supplement plan is able to cover. However, AARP can set its own rates, and it can decide which of the plans it wants to sell. AARP can also determine its own member benefits and perks.
These perks can include diet plans, exercise regimens, access to doctors 24 hours a day, gym membership discounts and much more. AARP has made a great name for itself as a company that takes excellent care of its customers. Few insurance companies can even come close to offering what AARP does, and that is why we think they are such a great choice for seniors.
They may not be the right choice for you, though, due to pricing or plan availability. You have to first of all make sure the they are offering the plan that works best for you. Then you also want to check their prices to see if what they are offering is affordable for you and will work with your budget. If you want to check prices easily, then use our website. You can search for Supplement plans and see the rates for not just AARP’s plans but also the plans of other insurance providers. This is very helpful as you try to find the most economic and cheapest option for yourself.
Supplements and Your Coverage
If you have any kind of medical insurance besides an Original Medicare plan, then a Supplement plan may not be compatible with it. This kind of plan is specifically designed to work with Original Medicare, so any union or employer plans you have will overlap in some ways and likely not work. Also, if you have Medicare Part C, or Medicare Advantage, then you will need to drop that in order to sign up for a Medicare Supplement plan. There is simply some overlap there that won’t be allowed.
Supplement plans work fine with Medicare Part D prescription drug coverage, though. If you are not sure which plans will be compatible with the Supplement policy you want to sign up for, then please get in touch with us. We would be happy to help you figure out your options and choose the right plan for your needs.
An AARP Medicare Supplement for 2020 may work very well for you, and if it does, then it could potentially save you hundreds of dollars over the course of the year. You can see some of that savings beforehand just by comparing rates and trying to get the most economical option. There are a lot of companies that sell these plans, so even if AARP’s versions cost too much, you have some other choices to pick from.