It is important to compare prices for Medicare supplement plans in Wisconsin before making a selection. The most efficient way to do this is to use a tool that offers multiple quotes from top insurers for each benefit level and region in your area. This tool can help you narrow down your choices and find the best plan for your situation.
Medicare Advantage and Medigap plans are available to people enrolled in Original Medicare Parts A and B who live in most parts of the state of Wisconsin. In addition, certain areas of the state may offer Medicare Advantage plans that combine Medicare Parts A and B with prescription drug coverage from a private insurance carrier. Because of differences in Medicare Advantage and Medigap plan availability, monthly premium costs and out-of-pocket maximums will vary by location.
Another option is to contact a local organization that offers free, unbiased assistance to Medicare beneficiaries. These experts can provide information about all your Medicare options, including coverage from Medicare Advantage and supplemental Medicare insurance. In addition, they can explain how your specific Medicare needs and budget might impact your plan options and coverage.
The state of Wisconsin mandates that all Medicare Supplement policies sold in the state must include a list of “mandated benefits.” These benefits cover common medical services such as inpatient and outpatient hospitalization, emergency room visits, and maternity care. In addition, these policies must also offer coverage for renal dialysis and transplants, hemodialysis and other ambulatory surgery centers, and certain preventive services such as colorectal cancer screening and breast reconstruction.
A final tip when comparing Medicare Supplement plans in Wisconsin is to take the time to look at carrier ratings and customer feedback. Independent credit agencies evaluate the financial stability of carriers, while consumer organizations like the Better Business Bureau rank the overall customer experience with a company.
The best time to purchase a Medicare Supplement plan in Wisconsin is during your open enrollment period, which starts the first month you have Medicare Part B and are 65 or older. However, you can also enroll during the Medicare Advantage Open Enrollment Period and a qualifying Special Election Period. You can only disenroll from a Medicare Advantage plan during these windows if you want to switch back to a Medigap policy. However, if you do this, your new plan may not start until the next available benefit period.