Medicare
At Smith Benefits Group we’ve been helping seniors find the best Medicare plan to fit their needs and budget for two decades. It is our pleasure to educate our clients on Original Medicare, Medicare Advantage Plans, Prescription Drug plans and Medigap policies. We represent all Medicare plans in New York state, either direct to carrier or through medicare.gov.
Medicare Advantage Plans: Also called Part C, Medicare Advantage plans are offered by a number of different insurance companies. These plans can be HMOs or PPOs and provide hospital, outpatient, and most of the time Part D drug coverage. Depending on the plan it may offer extra benefits such as dental, vision, and gym reimbursement. These plans are low in monthly premium but have copays and coinsurance for services.
Part D Prescription Drug Plans: Stand Alone Part D drug plans are offered by a number of carriers and cover Prescription Drugs only. We choose the best plan for you based on your medications and preferred pharmacy.
Medigap Plans: Also called a Medicare Supplement, these plans work as secondary coverage to Medicare. You are still using Medicare and their network as primary but the Supplement then steps in to pick up the costs you would be billed under Original Medicare. These plans have higher monthly premiums but very little out of pocket costs.
