Medicare Insurance from Cigna

Posted on Posted in Medicare, Uncategorized

Medicare becomes a part of your life after you turn 65. This government funded medical insurance program, which was started in 1965, covers a significant part of healthcare requirements for all senior citizens. It is essentially divided into four specific parts which are designed to meet different types of needs.

Medicare Part A and Part B

Part A and Part B are directly controlled and sold by the government and is also referred to as Original Medicare. Part C and Part D have to be bought from private insurance companies.Part A covers hospitalization costs, some home health care, hospice care and skilled nursing facility. Part B covers outpatient medical services like, doctor visits, medical equipment etc. Most people do not have to pay any premiums for Part A which is funded by the Medicare taxes paid by employed individuals. For Part B, you have to pay a monthly premium which is estimated on the basis of your salary. Financial assistance is given to qualifying people who need help to pay the Medicare premiums.

Medicare Part C and Part D

Medicare C is also called Medicare Advantage and are only sold by private insurance companies. So is Part D. Part C or Medicare Advantage covers all the benefits given under Original Medicare and also some extra ones. This is an alternative way to get Original Medicare benefits. For both of these you have to be first enrolled into Original Medicare. Part D specifically covers the costs of prescription drugs.

Medicare Supplement Plans

Apart from these, there is another type of Medicare plan called the Medicare Supplementplan or Medigap plan. These are supplementary plans for Original Medicare, Part A and Part B, and have to be used with them only. These plans mitigate the out-of-pocket costs which comes with Part A and Part B.These plans are also sold by private insurance companies only.

Cigna Medicare Plans

Cigna, which has a strong presence in the health insurance industry, all over the world, has comprehensive coverage for Medicare plans. It has plans for all the three categories of Medicare that are allowed to be sold by private insurance companies –

  • Medicare Advantage
  • Medicare Part D
  • Medigap

Cigna-Health Spring Medicare Advantage Plan is the brand under which Cigna Medicare Advantage plans are sold. These plans cover all the Part A and Part B benefits along with some additional benefits. The extra benefits vary depending on the type of plan chosen.Cigna Medicare Advantage plans come with prescription drug coverage included, so, you don’t need to buy a separate drug plan.

Cigna-HealthSpring Rx Secure, Secure-Xtra, and Secure-Max Prescription Drug Plan (PDP)are all Medicare Part D prescription drug plans. People who have Original Medicare only, can buy these plans to get prescription drug coverage because Original Medicare does not cover prescription drugs.

Cigna offers seven different types of Medicare Supplement plans- Plan A, B, C, D, F, G and N.A high-deductible Plan F is also available.You have to choose any one from among these. These plans cover the deductibles, coinsurance, Part B excess charges and co-payments that you have to bear when you take services through Medicare Part A and Part B plans.Medigap plans also offer some added benefits like, foreign travel emergency, which are not included under Original Medicare.These plans are accepted by all providers who accept Medicare across all states.

You can contact Cigna to get all information and quotes in order to decide which plan suits you most.