Making the move into Medicare after a lifetime in a group health plan can bring up a ton of questions. One of the questions I get asked most often comes from frequent travelers or so-called snowbirds is…
How does my Medicare plan work when I am traveling?
Let’s take a look at the types of Medicare plans and how it affects those that travel frequently.
Medicare Supplemental Plans
The best plan if you travel often is a Medicare supplement or medigap plan. Any doctor or hospital that will accept Medicare, anywhere in the country will accept this plan. This is because Medicare pays the doctor first. Then the Medicare supplement fills in the “gaps” according to what is covered on that particular plan.
Medicare Advantage Plans
While Medicare Advantage plans only allow you to visit doctors or hospitals that accept that particular plan, many Medicare Advantage plans have travel benefits that will allow you to get in-network coverage, even if you are traveling out of your area. With these plans, as long as the doctor you are seeing is considered in-network for the Medicare plan in that area, you will get the same benefits. This travel benefit is usually offered by the larger, nationwide carriers, and is usually not available for the smaller, regional ones.
While some Medicare Advantage plans offer worldwide emergency coverage, there is very little Medicare coverage outside of U.S. borders. If you are going to be traveling overseas, it might be best to look for a short-term travel health plan for the duration of your stay.
In Summary, It can be difficult to determine which Medicare plan is right for you, especially if your life includes frequent travel. If you need assistance, we are always here to help. Call today for your in-person or virtual appointment.