Mississippi Medicare Plans

Medicare Insurance Finders is part of Morgan-White Group, which is a group health insurance agency in Mississippi. When people are retiring and leaving their employer's health insurance plan we get calls asking, "What are my Mississippi Medicare Options, now that I will no longer have group health insurance?"

The best way to answer this is that you have numerous options to choose from but there are three common alternative when you are eligible for Medicare:

  1. Stay with Original Medicare Alone and a Part D Plan
  2. Choose a Medicare Supplement and Part D Plan to go along with Original Medicare
  3. Choose a Medicare Advantage Plan that offers drug coverage.


MWG Senior Services Providing Mississippi Medicare Insurance

The Top Three Mississippi Medicare Options

As mentioned above, staying with Original Medicare is definitely an option. Medicare will be your only health insurance coverage for both Hospital and Medical coverage. You will still need to get a Medicare Part D (Prescription Drug Plan). If you do not enroll in a Part D plan you will receive a 1% penalty per month that you are not enrolled in a plan. This penalty is based on the national average for Part D Plans.

The second and most popular option in Mississippi for those coming off a group health plan is Original Medicare, Medicare Supplement Plan F and a Part D plan. A Medicare Supplement (Medigap Policy) fills in the gaps of Original Medicare leaving you most of the time without any deductibles, coinsurance or co-pays.

A Medicare Supplement does not limit you to which doctors/hospitals you can or cannot visit. As long as the doctor accepts Medicare you can go to them for your medical needs. However, a Medicare Advantage Plan limits you to which providers are a part of the network.

Since a Medicare Supplement is the most popular option for retirees, below are some rates to show you how these plans compare. Typically, a 65 Female (non-tobacco) will pay roughly $100 per month for a Plan F Medicare Supplement. Also know that a Plan F Medicare Supplement is the most comprehensive coverage offered.

 Compare Mississippi Medicare Rates - American Continental Medicare Supplement Rates

The last option is to choose a Medicare Advantage Plan that offers prescription drug coverage. In the state of Mississippi, Humana and Windsor are two very popular companies for Mississippi Medicare Advantage Plans. Humana Insurance Company has a Regional PPO plan and a HMO plan which are very popular throughout Mississippi, especially the Jackson area and on the coast.

However, since most group health insurance plans have had BCBS of MS for their health insurance coverage they are not used to being restricted on which doctor/hospital they can or cannot see. This is probably the top reason why most group retirees decide not to go with the Medicare Advantage Plans.

Medicare Advantage Rates in 2013 range from $0 premium - $100 premium per month. They each have different benefits and network restrictions so make sure to evaluate the plans very well before enrolling.

To learn more about your Mississippi Medicare Options visit one of our offices in Mississippi or give us a call at 1-877-759-5760.

Morgan-White Group offices are located in the following cities:

Jackson, MS

Oxford, MS

Greenville, MS

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