Finding Medicare Plans in Minnesota
Sorting through all of the Medicare plans in Minnesota to find the right level of coverage can be exhausting. We don’t think it has to be. We’ll help you sort through the Medicare plans available in Minnesota to help you find the coverage that’s right for you.
Who’s Eligible for Medicare Plans in Minnesota?
Medicare is a government-sponsored program that provides healthcare benefits to those who qualify. Unless you have a qualifying condition, you will first become eligible for Medicare at age 65. You can qualify for Medicare under the age of 65 if you have received Social Security Disability Income (SSDI) for 24 months or have been diagnosed with Amyotrophic Lateral Sclerosis (ALS) or End-Stage Renal Disease (ESRD).
To qualify for Medicare, you must be a citizen or permanent resident, having lived in the US for the past 5 years. You or your spouse must also have had a job that contributed to Medicare through Social Security deductions for at least 10 years.
If you’re unsure about your eligibility for Medicare plans in Minnesota or will be turning 65 in the next six months, we can help. Talk to a licensed insurance agent by calling the number above.
What Medicare Plans are Available in Minnesota?
Original Medicare (Parts A and B)
Original Medicare is the federal component of Medicare and has two parts:
Part A (Hospital Insurance) covers certain services, like inpatient hospital care, care received at a skilled nursing facility, and hospice care.
Part B (Medical Insurance) covers outpatient medical services and supplies that are medically necessary to treat your health condition(s). Part B also covers some preventive care, like flu shots and cardiovascular screenings.
Original Medicare doesn’t cover everything. Services generally not covered by Original Medicare include:
- Long term care (custodial care)
- Most outpatient prescription drugs
- Hearing aids
- Eye exams and eyeglasses
- Most dental care and dentures
- Routine foot care
- Cosmetic surgery
For this reason, you can expand your coverage with additional Medicare plans, offered by Medicare-approved private insurance companies.
Medicare Advantage Plans (Part C)
Medicare Advantage plans work as an alternative to Original Medicare (Parts A and B) and often include additional benefits. Medicare Advantage plans provide all the same coverage as Original Medicare except for hospice care, which is still covered by Medicare Part A. These plans often include dental and vision coverage, and some plans, called Medicare Advantage Prescription Drug (MAPD) plans, also include prescription drug coverage.
In order to qualify for a Medicare Advantage plan, you must be enrolled in both parts of Original Medicare. Premiums for these plans can start at $0 and increase according to the level of coverage selected. You will still need to pay your Part B premium in addition to the premium charged by the Part C plan you choose.
Medicare Prescription Drug Plans (Part D)
Stand-alone Medicare Prescription Drug plans add drug coverage to Original Medicare (Parts A and B) to limit your out-of-pocket costs for your medications. Prescription drugs are organized into tiers, with each tier having an associated copay or coinsurance. Each Part D plan provides a drug formulary, allowing you to see what the coinsurance/copay would be for each drug. This helps you compare plans and select the one with the best overall value for your prescription needs.
Medicare Supplement Plans (Medigap)
Medicare Supplement plans work alongside your Original Medicare to fill some gaps in coverage. Medigap plans can provide more comprehensive coverage by paying for things like coinsurance, copays, and deductibles.
When Can I Enroll In A Plan?
Medicare Advantage and Medicare Prescription Drug Plans
You are first eligible to sign up for Medicare plans in Minnesota during your Initial Enrollment Period (IEP). Your IEP starts three months before your 65th birthday month and continues for an additional three months. This means you have a total of seven months to enroll.
Following this period, you can make changes to your Medicare Advantage or Medicare Prescription Drug coverage during the Annual Election Period (AEP). The Annual Election Period occurs each year from October 15th to December 7th .
Key Fact: Each year, the General Enrollment Period (GEP) provides you with another opportunity to enroll in Original Medicare. The GEP begins on January 1st and concludes on March 31st. From there, you can select a Medicare Advantage plan between April 1st and June 30th.
Medicare Supplement Plans
Once you are 65 or older and enrolled in Medicare Part B, you will have an opportunity to enroll in the Medigap plan of your choice. Your Medigap Open Enrollment Period begins the same month as your Part B coverage and runs for the following six months.
Important Note: If you enroll during this period, you’re guaranteed the Medigap plan of your choice, regardless of any pre-existing conditions. But if you miss this window, carriers may charge you a higher premium or deny you coverage altogether.
Special Enrollment Periods
Special Enrollment Periods provide an opportunity to make changes to your Medicare coverage outside of the standard enrollment periods. Certain life events, like moving into or out of a care facility or moving out of state, may qualify you for a Special Enrollment Period. Our team of licensed insurance agents can help you find out if you are eligible for a Special Enrollment Period.
How Can I Compare Plans?
MedicareMatchup makes it convenient to compare Medicare plans in Minnesota. By working with trusted partners, we’ll help you find the coverage that’s right for your unique needs. If you are unsure about your eligibility or will be turning 65 in the next 6 months, we’ll help you compare your options and prepare for enrollment.
Get plan information online using our form below or give us a call to speak with a licensed insurance agent.
Additional Medicare Resources in Minnesota
the Minnesota State Health Insurance Assistance Program (SHIP) is a free services that provides unbiased counseling, assistance, and information to Medicare beneficiaries, their families, and caregivers.
The Medicare Savings Program (MSP) provides financial assistance to Medicare beneficiaries that have limited income. It can help pay for Medical expenses, like premiums, coinsurance, and copays.
Sources: Medicare.gov; mnaging.org; mn.gov