I am so confused!

[hannahbelle22]

Applied for Medicare Part B and D. I have received my Medicare Part A and B card as of this week. Now seeking a supplemental. I received a list of companies from a program in my state called SHIP, I picked a company but it is the cheapest on the list at only $2,519 a year where others were up to $7,000! They say it is an "All Options" policy meaning what they told me covers the Part A and Part B deductibles, other medical expenses and foreign travel, which I am sure I don't need. I am afraid as this is so cheap, yet really all I can afford, there will be some catch down the road and I will be slammed with a bill for thousands? Anyone been in my position or should I be cautious or aware of anything in taking on this supplemental? :s

 

[Sondra and Mary]

Do you know which supplemental plan you enrolled in? "All Options" sounds like you may have a Plan F but that usually comes with a higher premium than the other supplemental plans rather than a lower premium as you have mentioned. Based on several factors including your age, gender, zip code, tobacco status, etc, it may be possible to find better coverage at a lower monthly premium. If you would like more information on this type of plan we would be happy to help you. Please visit the Medicare Gals on You Tube for more information on how we can help.