Applying for a Nebraska Medicare Supplement is easy. In fact, with over 290,000 Medicare beneficiaries in the state, you have more options for your health insurance coverage during retirement than ever before.
Statistics on Medicare in Nebraska
About 16 percent of people in Nebraska qualify for Medicare. Of these, there are around 33,000 people enrolled in a Nebraska Medicare Advantage plan. The others may have a Medicare Supplement or some form of employer health coverage, or even just Medicare itself.
Because of the risks associated with not having supplemental insurance, it is important for beneficiaries to learn all they can about their plan options. There are many affordable options in Nebraska. The first step is just to get educated about your plan choices.
Medicare Supplement Plans in Nebraska
The Medicare supplement in Nebraska are the same as most other states. Residents can choose from plans labeled A – N. There is also one high deductible option.
In recent years, Plans F, G and N have been popular Medigap plans. Plan F provides full coverage of all the gaps in Part A and B. Essentially this means that with a Nebraska Medicare supplement Plan F, you won’t pull out your wallet for any doctor visit, surgery, or hospital stay that is covered by Medicare. You won’t even owe a $5 doctor copay. Your Medicare supplement Plan F will pick up from day one.
Medicare Supplement Plan G provides slightly lesser coverage but will have lower premiums.
Plan N is a newer plan. It was introduced in 2010. With Plan N, you pay more of your own cost-sharing, but Plan N still picks up the big important items like your Part B coinsurance.
Our software here at Boomer Benefits can quote over 30 carriers in the state of Nebraska. We like to look at the most competitively priced companies who also have a history of stable rate increases. There are lots of great insurance carriers in the state. You’ll find both well-known name brand carriers as well as a number of smaller insurance carriers that nonetheless have great financial ratings and stability.
Medicare Under 65 in Nebraska
The state of Nebraska does not require Medicare supplement companies to offer plans to people under 65. You will rarely find them. However, Medicare Advantage plans still make a great option for both people under 65 and over 65.
Keep in mind that while you may need to join a Nebraska Medicare Advantage plan for now, you will get a second open enrollment window when you turn 65. At that time, you’ll have six months to enroll in a Medicare supplement without health questions. Many people who are under 65 start out on Medicare Advantage plans and then transition to Medicare supplements later on.
Medicare Advantage Plans in Nebraska
Sometimes called Part C plans, Medicare Advantage plans in Nebraska must offer at least the same level of coverage as Medicare itself. This means all the same Part A and B services are covered. Medicare Advantage plans also often include Part D coverage. These private plans have local networks of providers. You agree to see these providers for your care, with some exceptions for out of network coverage on PPO plans.
Medicare Advantage plans may sometimes also include little extra like routine dental, vision or hearing insurance. You will pay for services as you go along in the form of copays and coinsurance. Each Medicare Advantage plan has an out-of-pocket maximum to protect you.
Choosing a Nebraska Medicare plan can be a little overwhelming because of all the choices. If you need unbiased assistance from an agent licensed and appointed with most of the Medicare supplemental carriers in your area, give us a call. We can help.