As you approach retirement age, you may find yourself wondering about Medicare and how to best prepare for your healthcare needs. There are several types of Medicare plans available, each designed to meet different healthcare needs and budgets. At Morgan & Allen, our team of independent insurance agents is here to help you navigate the complex world of Medicare and find the right plan for your unique needs.

Medicare Supplements Durham, NC

Medicare Supplements

Medicare Supplement plans, also known as Medigap, are designed to help fill in the gaps left by Original Medicare. These plans are sold by private insurance companies and are designed to cover out-of-pocket costs such as copayments, coinsurance, and deductibles. Medicare Supplement plans are a popular option for those who want predictable healthcare costs and are willing to pay a higher monthly premium to avoid unexpected expenses.

Medicare Advantage

Medicare Advantage plans are another type of Medicare plan offered by private insurance companies. These plans provide all the benefits of Original Medicare, but often include additional benefits such as dental, vision, and hearing coverage. Medicare Advantage plans also typically include prescription drug coverage, making them a popular option for those who want comprehensive healthcare coverage in one convenient plan.

Prescription Drug Plans

Prescription Drug Plans, also known as Medicare Part D plans, are standalone plans that provide coverage for prescription drugs. These plans are designed to help offset the cost of prescription drugs, which can be a significant expense for those on a fixed income. It’s important to note that not all Medicare Advantage plans include prescription drug coverage, so it’s important to evaluate your needs and compare plans carefully to find the right coverage for you.

At Morgan & Allen, our independent insurance agents work with a variety of insurance carriers to find the right Medicare plan for your unique needs. We understand that Medicare can be confusing, which is why we take the time to explain your options and help you make an informed decision.

If you’re approaching retirement age or are currently enrolled in Medicare and want to explore your options, contact Morgan & Allen today. Our independent insurance agents are located in Cary, NC and Durham, NC, and are ready to help you find the right Medicare plan for your unique needs. Don’t wait until it’s too late – contact us today to schedule a consultation and take control of your healthcare needs.