North Carolina Medicare Supplement Plans
North Carolina is home to, Research Triangle Park, one of the largest research parks in the world. The state has a population of 10 million residents with seniors (65 and up) making 15% of the total population.
Medicare Facts About North Carolina
- Approximately 1.8 million North Carolina residents are covered under Medicare (2015, kff.org).
- Roughly 447,000 beneficiaries have a North Carolina Medicare Supplement Plan or “Medigap” policy. (2015, AHIP.org).
- The most popular North Carolina Medicare Supplement Plans are Plan F, G, and J. (2015, AHIP.org).
North Carolina Medicare beneficiaries enrolled in Original Medicare Parts A and B are able to purchase a North Carolina Medicare Supplement Plan. Medicare Supplement coverage helps cover the healthcare expenses not covered by Original Medicare such as copayments, coinsurance, and deductibles. Along with most states, North Carolina has ten standardized Medicare Supplement plans. Each of these plans are labeled with a letter from A through N. The best time to enroll in a North Carolina Medicare Supplement Plan is during the Medigap Open Enrollment Period (OEP). OEP begins on the first day of the month you turn the age of 65 and have Medicare Part B. By enrolling during this period, you cannot denied coverage. After this period, you may have to go through medical underwriting which coverage can be denied depending on your health status.