Best Medicare Plans in Indiana
Medicare in Indiana provides health insurance for senior citizens and disabled individuals, and if you and your spouse are getting close to your 65th birthdays, you can become beneficiaries in Indiana. Original Medicare insurance entitles you to receive health insurance through its Part B coverage, and you will receive hospitalization benefits through the plan’s Part A coverage as well. The good news is that there is more than one way to obtain the best Medicare Coverage in Indiana, so you can put together a plan that will fulfill most or even all of your needs.
Part A Medicare in Indiana Offers the Following
Beneficiaries in Indiana receive the following services under Medicare Part A:
- Home health care
- Hospice care
- Inpatient care in a skilled nursing facility that is not long term or custodial
- Care in a skilled nursing facility
- Inpatient care in a hospital
Part B Medicare in Indiana Offers the Following
Indiana beneficiaries also receive the following services under Medicare Part B after paying the required Medicare Part B premium:
- Services that are medically necessary to diagnose or treat your medical conditions.
- Services that prevent medical conditions or detect them in their earliest stages.
Eligibility for Medicare in Indiana
Indiana Medicare Part A is open to Indiana beneficiaries who meet the following requirements:
- You are eligible to receive benefits from Social Security or Railroad Retirement.
- You are eligible to receive benefits from Social Security through your spouse or ex-spouse. The spouse must be at least 62 years old in this instance.
- You were employed with one of the federal, state or local governments and worked long enough to receive benefits through Medicare in Indiana.
If you meet the requirements for Medicare Part B, you also meet the requirements for Medicare Part A, but you must pay premiums for Part B.
Enrollment Statistics for Medicare Plans in Indiana
In 2018, 873,358 Medicare beneficiaries in Indiana enrolled in Original Medicare Part A and Part B.
Best Types of Medicare Plans in Indiana
- Medicare Supplement Plans in Indiana: Medicare Supplement Plans are also called “Medigap plans,” and they provide you with additional benefits that Indiana Medicare doesn’t necessarily give you. For example, you may be able to purchase a Medigap plan that will pay your Medicare coinsurance, copayments, and deductibles. You may also be able to purchase a plan that pays for medical care that you obtain while you are outside of the country. Medicare in Indiana doesn’t cover medical costs during foreign travel. Plan F is the most popular choice, but there are nine other plans you can choose from. It’s best to sign up during Open Enrollment, but you can sign up for one of these plans any time during the year.
- Medicare Advantage Plans in Indiana: Medicare Advantage plans are Medicare plans in Indiana that cover everything that Original Medicare insurance covers. These plans are offering you an “advantage” because they will cover services that Medicare in Indiana will not cover, including vision, hearing, dental and health, and wellness visits. Medicare Advantage plans are also called “Medicare Part C” plans, and you can purchase them from a private insurance company. You can only sign up for one of these stand-alone plans during certain times of the year. Depending on the plan you choose, you might be restricted to a certain service area or network when choosing health care providers.
- Medicare Prescription Drug Plans: Medicare Part D is the prescription drug plan available to all beneficiaries of Medicare in Indiana. If you plan to enroll in a Medicare Advantage plan, you will be a beneficiary of Medicare Part D unless you purchase a plan that is offering this coverage. If you enroll in Medicare Plans in Indiana and neglect to enroll in Medicare Part D during the Initial Medicare Enrollment Period, you may be charged a Medicare Part D late enrollment penalty.
- Special Needs Plans: These plans are Medicare Advantage plans, but they are only open to people with specific characteristics, health conditions or diseases, such as those who have end-stage renal disease. Medicare prescription drug coverage is included in every one of these plans to help reduce out of pocket costs for those who may have to take a lot of medication.
Indiana beneficiaries can supplement their coverage by purchasing a Medigap plan as described above, but you will be able to compare the rates that several private insurance companies offer to charge you. When you compare rates for the same coverage, you can find the best plan for your needs at the best price.
Medicare Resources in Indiana
If you believe that you may have difficulties paying for your Medicare in Indiana, your state may be able to help you pay your deductibles, coinsurance and copayments. Click on the link below to learn more about these programs:
If you qualify for a Medicare Savings Program, you will need to apply with the Medicaid office in the state of Indiana. You can find the link for Medicaid below:
These are a few other helpful resources:
You might still need extra help learning about your Medicare coverage and the health plans that are available. You may still be hoping to hear a complete description of benefits that you can enjoy from Medicare. Even though you might be interested in Medicare Advantage, you could be having trouble understanding the difference between private fee-for-service (PFFS), high deductible savings account plans, HMOs and PPO plans. Medicare Supplement insurance might be something you’re interested in, but you might want to learn more.
It’s our goal to help educate you about your plan options for insurance plans so that you can make the right decisions. We can also help you compare monthly premiums to find an Indiana Medicare Supplement or Advantage plan that is right for you. Give us a call today, and one of our licensed insurance agents will help you out.