Texas Medicare Supplement

These plans are run by private insurance companies and other private companies approved by Medicare. There are two ways to get Medicare prescription drug coverage:

1. Medicare Prescription Drug Plans add coverage to the Original Medicare Plan, some Medicare Private Fee-for Service Plans (PFFS) that don’t offer Medicare drug coverage, some Medicare Cost Plans, and Medicare Medical Savings Account Plans.

Medicare Prescription Drug Coverage and Medigap Policies

• If you are in the Original Medicare Plan and you already have a Medigap policy with prescription drug coverage, you can keep that Medigap policy with prescription drug coverage or join a Medicare Prescription Drug Plan. If you join a Medicare Prescription Drug Plan, you must tell your Medigap insurance company to remove the prescription drug coverage from your Medigap policy. You can’t keep both types of prescription drug coverage.
• If you are in the Original Medicare Plan and already have a Medigap policy without prescription drug coverage, you can keep that Medigap policy and join a Medicare Prescription Drug Plan.

2. Most Medicare Advantage Plans include coverage for prescription drugs. You generally get all of your health care and Medicare prescription drug coverage through these plans.

Most texas medicare supplement insurance policies today do not have prescription drug coverage. If you currently have coverage and switch plans, you will not be able to keep your existing drug coverage. If you are having trouble understanding Prescription Drug Coverage and would like some help, pick up the phone and call me now (817) 781-9982. I’ll be happy to help answer your questions.