Blue Shield is a non-profit health insurance provider that offers various insurance plans, including Medicare Supplement plans. These plans, also known as Medigap plans, are designed to cover the gaps in Original Medicare coverage, including deductibles, coinsurance, and copayments. Blue Shield Medicare Supplement plans offer many benefits to their policyholders. Here are some of the key benefits of a Blue Shield Medicare Supplement plan.
- Great Coverage
One of the biggest benefits of a Blue Shield Medicare Supplement plan is comprehensive coverage. Blue Shield offers several different plans, each with different levels of coverage. However, all Blue Shield Medicare Supplement plans cover some of the most common gaps in Original Medicare coverage, such as Part A and Part B deductibles, coinsurance, and copayments. Depending on the plan, you may also have coverage for skilled nursing facility care, foreign travel emergency care, and excess charges.
- Guaranteed Renewability
Another benefit of a Blue Shield Medicare Supplement plan is guaranteed renewability. As long as you pay your premiums on time, Blue Shield cannot cancel your policy. This means that you can keep your coverage and enjoy the benefits of a Medicare Supplement plan for as long as you need it. You’ll also have the peace of mind of knowing that your coverage will not change, even if you develop a health condition or need more medical care in the future.
- Free to Choose your Doctors
With a Blue Shield Medicare Supplement plan, you have the freedom to choose your healthcare providers. Unlike many Medicare Advantage plans, which limit your choice of providers to a specific network, you can see any provider who accepts Medicare. This means that you can keep seeing your current doctors and specialists without having to switch to a new provider.
- Predictable Costs
Another benefit of a Blue Shield Medicare Supplement plan is predictable costs. Because these plans cover many of the out-of-pocket costs associated with Original Medicare, you’ll have a better idea of what your healthcare costs will be each year. You’ll also be protected from unexpected medical bills, which can be a significant financial burden for many seniors.
- Referrals are Not Required
Finally, Blue Shield Medicare Supplement plans do not require referrals for specialist care. This means that you can see a specialist without having to get a referral from your primary care physician. This can save you time and hassle, especially if you need to see a specialist regularly.
Blue Shield Medicare Supplement plans offer many benefits to their policyholders. These plans provide comprehensive coverage, guaranteed renewability, freedom to choose providers, predictable costs, and no referrals required for specialist care. If you’re considering a Medicare Supplement plan, a Blue Shield plan may be a great option for you.
