Alabama Medicare Insurance Plans
If you live in Alabama, you have the option of choosing from many different types of Alabama Medicare insurance plans. If you are over the age of 65 or under 65 with a qualifying disability, you can enroll in Original Medicare (Part A and Part B). However, Original Medicare does not cover everything. If you find that you need additional coverage, you may want to compare Alabama Medicare insurance plans to find a plan that offers the coverage you need. Below you’ll find general information about the different types of Medicare plans in Alabama:
- Alabama Medicare Advantage Plans cover all that Original Medicare covers with additional benefits.
- Alabama Medicare Part D plans can be paired with Original Medicare to cover the costs of prescription drugs.
- Alabama Medicare Supplement Insurance Plans can be purchased in addition to Original Medicare. These plans provide coverage for copayments, deductibles and coinsurance, and some also cover medical services not covered by Original Medicare.
These private Alabama Medicare plans generally cost an additional amount out of your pocket, and the costs can add up over time. How much these plans cost can differ depending on the company offering the plan and on your location.
Alabama Medicare Savings Programs
Medicare can prove to be costly, especially if you need regular prescription drugs and medical attention. If you need help with these costs, you have four Alabama Medicare Savings Programs to choose from.
The following data is from 2016 and is based on Federal amounts. These amounts may increase in 2017. If your income and resources are slightly higher, you should still apply, you may qualify for benefits even if your income is higher than the limits listed.*
- Qualified Medicare Beneficiaries (QMBs): The state pays all Medicare Part B premiums and Medicare Part A and Part B copayments and deductibles for individuals with a monthly income under $1,010 and couples with a combined income under $1,355 per month.
- Specified Low-Income Medicare Beneficiaries (SLMBs): The state pays the Medicare Part B premiums for individuals with a monthly income under $1,208 and couples with a combined monthly income under $1,622.
- Qualified Individuals (QIs): The state pays for Medicare Part B premiums for individuals with a monthly income under $1,357 and couples with a combined income under $1,823 a month.
- Qualified Disabled and Working Individuals (QDWIs): The state pays for Medicare Part A premiums for individuals with a monthly income under $4,045 and couples with a combined income under $5,425 per month.
- Low-Income Subsidy (Extra Help) Program: In 2016, you may qualify if you have up to $17,820 in yearly income ($24,030 for a married couple) and up to $13,640 in resources ($27,250 for a married couple).
*Data from www.medicare.gov
**According to Secure.ssa.gov, you should be aware that several States may even disregard all resources for individuals or couples in certain categories.
Alabama State Health Insurance Program (SHIP)
Alabama Medicare plans can be difficult to understand, and knowing which plans you qualify for can be even more complicated. The Alabama State Health Insurance Program (SHIP) can help you understand your options. Alabama SHIP is the only confidential, one-on-one counseling service for Medicare beneficiaries.
Find an Alabama State Health Insurance Program office near you. Another helpful option to find the best plan for your needs is to use the side-by-side Medicare plan comparison tool for Alabama Medicare insurance plans. You can see what each plan covers, what this coverage will cost, and even speak with someone who can help answer any questions you may have about these plans.