Texas Medicare Supplement Plans

There are more than 24.3 million people living in Texas (2008 US Census Bureau estimate) and 10.2% of the Lone Star State residents are over 65 years of age. This is significantly smaller than the national average of 12.8% of US residents over 65.  If you are a member of this group and are enrolled in Social Security you are probably already enrolled in Medicare.  What you need to know is that Standard Medicare Insurance does not cover all your health care expenses.

Texas Medicare Supplement Insurance Plans, also known as Texas Medigap Insurance is private health insurance that is designed to supplement Standard Medicare Insurance. The Medicare Modernization Act (MMA) encouraged the National Association of Insurance Commissioners (NAIC) to modernize the Medigap insurance marketplace. NAIC developed a revised set of Medigap Insurance Plans. These changes become effective from June 2010 and will delete some existing plans and add others.  Texas offers all the standardized plans and they will be the same plans offered in most other states.

Texas Medicare Supplement Insurance Plans are Standardized

Since Texas Medicare Supplement Insurance Plans are standardized, you will get the same coverage for the same plan with any insurance company you choose.  If you get the Mutual of Omaha Plan N it provides the same coverage as a Blue Cross Blue Shield Plan N, Humana Plan N or any other company that offers Medigap coverage. As long as you choose the same plan, the only difference will be the cost, and this difference can be substantial.  You can pay three times as much for the same coverage if you aren’t careful.

Texas Health Insurance Risk Pool (Health Pool)

The Health Pool offers health insurance to Texans who can’t find coverage because of their medical condition and to certain individuals who have recently lost their employer-sponsored health coverage. The Health Pool offers more comprehensive coverage than Medigap Plan A but is normally more expensive.

If you are under age 65, have Medicare parts A and B, and need more coverage than Medigap Plan A offers, consider this option to supplement your Medicare coverage. The Health Pool does not include outpatient drug coverage for people on Medicare. For more information, including eligibility requirements and benefits information, call 1-888-398-3927 or 1-800-735-2989.

                 Medicare Supplement Plans/Rates, Just A Click Away

                                                                       OR

                           Call Now for Medigap Supplement Insurance Quotes

                                                              888.502.5553

Insurance companies servicing Texas are not required to offer all the available Medigap plans. Some offer only a few. This makes it critically important for you to look at multiple Medicare Supplement Insurance Companies to find the best price possible for the exact same coverage.  Here is an overview of the various Plans available to Texas residents:

Choose the Plan that Fits Your Needs

The Texas Division of Insurance provides a list of over 60 companies authorized to provide medicare supplement insurance in the state of Texas. The rates depend on whether you are buying an individual or group plan.  Remember companies don’t offer all plans available.

                 Medicare Supplement Plans/Rates, Just A Click Away

                                                                       OR

                           Call Now for Medigap Supplement Insurance Quotes

                                                              888.502.5553

You could call the insurance companies and deal with a salesperson to determine which plans they have  and how much they cost.  As you might expect this would be quite a difficult task. Or you could just fill out the form at the top of the page or call to speak with a Texas Medicare Supplement Plan specialist and get the lowest current cost quote from all the companies that offer the plan you need.

Planning for your retirement doesn’t mean spending more than you have to on Supplemental Health Insurance.