Boise, Idaho, a vibrant city with over 172,000 beneficiaries of Original Medicare Part A and B, is home to a diverse population in need of the right Medicare plan. At Insurance Source of Idaho, we specialize in helping people find the Medicare plan in Boise, Idaho that best fits their unique needs. Whether you prefer the flexibility of Medicare Advantage or the comprehensive coverage of Medicare Supplement plans, we have the knowledge and expertise to guide you through the process. In this article, we’ll dive into some of the options available to you so you can find the perfect Medicare plan.
Boise, Idaho boasts an impressive Medicare Advantage (MA) participation rate of 46.2%, surpassing the national average of 42.1%. With over 82,000 Boise enrollees choosing Medicare Advantage, it's clear that these plans offer valuable benefits beyond Original Medicare.
In Ada County, which includes Boise, there is a wide selection of Medicare Advantage plans, tied with Canyon County for the most in the state. Let’s take a look at what makes Medicare Advantage so popular.
Medicare Advantage is also known as “Part C” of Medicare. They are plans offered by private insurance companies and you must be enrolled in both Part A and Part B of Medicare to be eligible. Medicare Advantage combines part A and part B benefits, and may also include additional benefits not covered under original Medicare. “Part D” prescription coverage is often built into these plans also.
Medicare Advantage plans typically involve a monthly premium, co-pays for medical care, as well as an out of pocket maximum. They appeal to many as they tend to have lower monthly premiums, as well as the additional perks mentioned above. Depending on the plan and county you live in, the benefits vary.
Medicare Supplement plans, also known as Medigap plans, are designed to reduce healthcare costs for Original Medicare beneficiaries by providing additional coverage. In Boise, There are ten Medigap plans, each with standardized benefits and varying prices. Here are a few popular options:
1. Plan G: Renowned for its extensive coverage, Plan G is a popular choice among Boise residents. Typically with higher premiums, it offers comprehensive protection and peace of mind.
2. Plan F: Plan F also provides a high level of coverage. However, its average premiums are on the higher side. If comprehensive coverage is your priority, this plan is worth considering. Please note, Plan F is only currently available if you were eligible for Medicare before January 1, 2020.
3. Plan N: Offering a middle ground between expenses and coverage, Plan N provides a cost-effective option. This makes it an attractive choice for those seeking lower costs while still enjoying substantial coverage.
Medicare Supplement Insurance Plans don’t include Prescription Drug Coverage (Part D Prescription Drug Coverage) It’s also important to remember you can’t enroll in both a Medicare Advantage plan, and a Medigap plan.
For Boise beneficiaries who require prescription medications, Medicare Part D plans are essential. It’s also important to remember if you don’t enroll when you are first eligible, there will be a penalty down the road when/if you do enroll. Part D plans provide stand-alone coverage for prescription drugs. These plans are often referred to as “PDPs.” (Prescription Drug Plans) These plans each have their own formulary list of covered drugs and it’s important to make sure all of your medications are covered.
At Insurance Source of Idaho, our mission is to make it easy for you to find the perfect supplemental Medicare plan and Medicare providers in Boise, Idaho. Our knowledgeable agents compare rates from providers in the area, providing you with free personalized recommendations. Whether you prefer to call us or complete our online rate form, we're here to help you secure the best coverage possible. Contact us today to request a quote and take the first step toward finding the Medicare plan that suits your needs in Boise, Idaho.
We do not offer every plan available in your area. Currently, we represent 8 organizations which offer 75 products in your area. Please contact Medicare.gov, 1-800-MEDICARE, or your local State Health Insurance Assistance Program (SHIP) to get information on all of your options.