South Carolina Medicare Insurance Plans
All residents of South Carolina who are over the age of 65 or who have qualifying ailments or disabilities are eligible to receive low-cost or free insurance coverage through the government. Specifically, these individuals may obtain such benefits through the Medicare program, a federally sponsored insurance system. Additionally, while the federal government administers Medicare, the government of South Carolina offers assistance, both informational and financial, to certain eligible beneficiaries. If you have questions about Medicare in South Carolina, use the following information as a guide and contact a professional at Medicare Solutions for help.
Mini- COBRA in South Carolina
Regarding insurance, South Carolina law provides that employees who are terminated from their employment may continue to purchase insurance under the employer’s coverage for a period of six months. Certain employers may fall under the purview of federal COBRA law, which mandates an extended 18-month continuing coverage period instead.
South Carolina Medicare Savings Programs
Once an individual obtains Medicare coverage through the federal government, he or she is responsible for paying all related costs for premiums, copayments, and more. In some case, however, an individual or couple may qualify for one of the four Medicare Savings Programs In South Carolina that provide financial assistance from the state.
- Qualified Medicare Beneficiaries (QMBs): For individuals with a monthly income under $1,010 or couples with a monthly income under $1,355 the state pays all premiums for Medicare Part B and all copays and deductibles for Medicare Parts A and B.
- Specified Low-Income Medicare Beneficiaries (SLMBs): For individuals with a monthly income under $1,208 per month or couples with monthly income under $1,622 the state pays premiums for Medicare Part B only.
- Qualified Individuals (QI): For individuals with a monthly income under $1,357 or couples with monthly income under $1,823 the state pays premiums for Medicare Part B only.
- 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: The state Medicaid program assists with the costs of prescription drug coverage for individuals with a yearly income up to $17,820 and couples with a combined income up to $24,030.
Oftentimes Medicare beneficiaries enjoy their low-cost or free coverage yet find that it lacks certain other benefits that they need for medical treatment. Here, these individuals in South Carolina may purchase Medicare Supplement Insurance, or Medigap plans, from a private insurer within the state. Medigap policies work in conjunction with Original Medicare
Extra Assistance From the State of South Carolina
Of course, the process of obtaining or applying for Medicare can be confusing. As such, the state of South Carolina has created the Office on Aging, a state health insurance assistance program dedicated to helping people through the Medicare system. Counselors associated with this program are available to answer questions and provide guidance in the state. And if you find yourself needing extra assistance, please reach out to a licensed sales agent at Medicare Solutions. We can compare South Carolina Medicare insurance plans for you. We are prepared to help you navigate the system and find the right plans for you.