In answer to the question ‘Are There Alternatives To Medicare Supplemental Policies?’ the answer is definitely yes for several very important reasons. Medicare Supplemental Policies are not needed if employer group health insurance is provided for retirees. Medicare Advantage and Medicaid are also alternatives to Medicare Supplemental Policies.
AARP Health Insurance operates under the auspices of the American Association for Retired Persons. This Canadian based plan is open to all persons age 65 or over. Along with the traditional coverages provided by Medicare Supplemental Policies, AARP Health offers discount prescription and non-prescription drug plans, eye care services, and nutritional supplements order by a physician.
Medicare Advantage is a Medicare sanctioned Medicare Supplemental alternative. While policies are purchased from private healthcare providers, they adhere to strict Medicare guidelines. Unlike most Medicare Supplemental Policies, Medicare Advantage offers benefits equal to Medicare on both an HMO and PFFS basis. For a small additional cost, dental, eye care and fitness club memberships are available.
For military retirees and their families, the Military Health System offers a plan known as Tricare. Under this plan care is rendered by a designated primary care physician with specialty services upon referral by the primary care provider. All claims are handled by the system personnel. This type of health plan is easily transferable from state to state within the United States.
Medicaid is another alternative to Medicare Supplemental Policies. This program is a 50% federal and 50% state funded healthcare coverage which is administered by individual states. Eligibility for Medicaid is income-based and is available in all states of the United States. Payments are made directly to the physician, hospital or other medical service provider.