Medicare Supplement 2 is the only Medigap policy that provides unlimited coverage for outpatient prescription drugs. Usually Medicare Supplement 2 is not available at any other time. If you are initially eligible for coverage , your new Medigap policy can begin almost immediately. Federal law also provides for open enrollment for people upon turning age 65 who became eligible for Medicare Part B benefits before age 65. Prior to choosing a Medigap policy and a Medigap Insurance Company you should compare the cost and benefits of each plan and insurer in detail.
Contracts are effective and renewed on a calendar year basis.
Each year HMOs may join or leave the Medicare program. Doctors, however, can join or terminate their services with the HMO at any time. HMOs provide benefits through a network of doctors, hospitals and other health care providers. However, you must continue to be enrolled in Medicare Part A and Part B and continue to pay the Part B premium while enrolled in a Medicare managed care plan. Some considerations when evaluating Medicare managed care plans Most HMOs provide limited out-patient prescription coverage and other services not covered by Medicare such as routine physical examinations, limited dental care, allowances for eyeglasses and hearing aids and discounts on health and weight management programs.