MEDICARE PLANS
Medicare is a federal health insurance program primarily for people aged 65 and older, though it also covers certain younger individuals with disabilities or specific conditions like End-Stage Renal Disease.
Medicare has four parts:
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Part A (Hospital Insurance) covers inpatient hospital stays, skilled nursing care, hospice, and some home health care.
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Part B (Medical Insurance) covers outpatient care, doctor visits, preventive services, and medical supplies.
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Part C (Medicare Advantage) is offered by private insurance companies and combines Parts A and B, often including additional benefits like dental, vision, and prescription drug coverage.
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Part D covers prescription drugs and is provided by private insurance companies approved by Medicare.
Medicare beneficiaries can also choose to purchase Medicare Supplement Insurance (Medigap) from private insurers to cover costs not paid by Original Medicare (Parts A and B).
Medicare Supplements (Medigap)
What is a Medicare Supplement? Click Here
We carry some of the lowest-cost Medicare supplements from major carriers in the market.
Supplement A thru N - Plan Chart
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Have you qualified for Low Income Subsidy (LIS)?
This link will take you to the Social Security website
Medicare Advantage (MA-PD) OR
Prescription Drug Plan (PDP)
What is a Medicare Advantage Plan? Click Here
As medical costs continue to rise, Medicare recipients, many of whom are on fixed incomes, seek private insurance to bridge the gaps in coverage. We partner with industry-leading carriers to offer you the best possible coverage.
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GTL - Medicare Advantage Hospital Indemnity Coverage
Do you have a Medicare Advantage plan and struggle with copayments and out-of-pocket costs? This plan might be exactly what you need. It offers coverage for your copayments and out-of-pocket expenses at a consistent and predictable monthly price.
The Benefits of GTL Medicare Advantage Hospital Indemnity Coverage
Navigating the complexities of Medicare coverage can be overwhelming, especially when it comes to managing the potential out-of-pocket costs associated with hospital stays. While Medicare Advantage plans offer substantial coverage, there can still be gaps that leave you financially vulnerable in the event of hospitalization. That’s where GTL (Guarantee Trust Life) Medicare Advantage Hospital Indemnity Coverage comes in—a powerful tool to protect your finances and provide peace of mind.
What is GTL Medicare Advantage Hospital Indemnity Coverage?
GTL’s Medicare Advantage Hospital Indemnity Coverage is specifically designed to complement your Medicare Advantage plan by providing a cash benefit if you're admitted to the hospital. This benefit can be used to cover any out-of-pocket expenses that your Medicare Advantage plan doesn’t cover, such as deductibles, copayments, or even non-medical expenses like groceries, utilities, or transportation while you’re recovering.
How Does It Work?
Upon hospital admission, the policy pays you a fixed daily cash benefit based on the coverage level you choose. This money is paid directly to you, not to the hospital or healthcare provider, allowing you the flexibility to use it as you see fit. Whether you need to pay for medical expenses, manage household bills, or cover any other financial obligations during your hospital stay, this coverage gives you the financial support you need.
Why Is It So Beneficial?
1. Closes Coverage Gaps:
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Medicare Advantage plans often require copayments or coinsurance for hospital stays, and these costs can quickly add up, especially if you face an extended stay. GTL’s hospital indemnity coverage is designed to fill these gaps, ensuring that you’re not left with a hefty bill during an already stressful time.
2. Financial Flexibility:
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The cash benefit you receive can be used for any purpose, not just medical bills. This flexibility allows you to maintain your financial stability, covering everyday expenses like rent, utilities, or even hiring help around the house while you recover.
3. Affordable Premiums:
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GTL’s hospital indemnity coverage is available at a surprisingly affordable rate, making it accessible to most budgets. The cost of this added protection is often far outweighed by the potential savings it offers in the event of hospitalization.
4. Peace of Mind:
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Knowing that you have a financial safety net in place allows you to focus on what really matters—your health and recovery. You won’t have to worry about how you’ll pay for out-of-pocket expenses, which can be a huge relief during a difficult time.
5. Customizable Plans:
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GTL offers a variety of coverage levels, so you can choose the plan that best suits your needs and budget. Whether you want basic protection or more extensive coverage, there’s a plan that’s right for you.
Is GTL Medicare Advantage Hospital Indemnity Coverage Right for You?
If you’re looking to protect yourself from unexpected hospital costs, GTL’s Medicare Advantage Hospital Indemnity Coverage is an invaluable addition to your healthcare strategy. It’s an investment in your peace of mind and financial well-being, ensuring that you won’t be caught off guard by the costs that can arise during a hospital stay.
To find out more about how this coverage can benefit you, and to explore the options available, contact us today. We’ll help you choose the plan that offers the best protection for your needs, so you can enjoy the confidence that comes with knowing you’re fully covered.
This coverage eliminates copay's for Hospital Confinements,
Ambulance Services, Skilled Nursing Stays, Outpatient Surgery's, and more.
We're here to help with any questions you have about Medicare.
Reach out to us anytime for assistance.
Disclaimer:
The Medicare coverage options available through this site are not affiliated with or endorsed by the federal government. These plans are private health insurance products offered by licensed insurance companies. They are designed to complement and provide additional benefits to original Medicare coverage, and may vary depending on the insurance provider.