Insurance Plans of America Blog
Moving may be both exhilarating and stressful. It's easy for tiny things to get lost in the shuffle when you think mostly about a big relocation. Make sure your healthcare coverage isn't one of them. If you're planning about moving to a different state, you should know that Medicare coverage and expenses vary by state.
It's simple to transfer Medicare to another state, but you'll need to know which plans will remain the same and which will need to be relocated to your new state. Let's have a look at what we've got.
Using Original Medicare to Move Out of State
Parts A and B of Medicare (Original Medicare) are federal healthcare programs. They do not rely on any specific provider networks. This means that benefits provided under these plans are the same throughout the United States, regardless of which state you live in.
As a result, if you are relocating out of state, you will not need to change your Original Medicare coverage. You will, however, need to update your Medicare address.
Change to Medicare Advantage or Medicare Part D
If you switch coverage areas, you can change your Medicare Prescription Drug Plan (PDP) through the SEP. This is true whenever you leave the service area of your plan. Contact Medicare.gov, your healthcare provider, or a local independent insurance agent to make those changes.
Changing Medicare Supplement (Medigap) Plans Outside of the State
When you have a Medicare supplement (Medigap) plan, you should be able to keep it if you transfer to another state as long as you remain registered in Original Medicare.
Medigap plans are standardized health insurance policies that do not require you to use a specified network of doctors or specialists. Because plan prices differ by state, there's a chance yours will increase or reduce after you relocate.
If you are relocating and want to change your Medicare coverage, you may switch plans. You have the option to switch for up to two full months in each of those months. Also, you should notify your plan before or after you move. Relocating can be stressful. Don't let the stress of transferring Medicare to a different state weigh you down.
At Insurance Plans of America, we do our best to ensure that our clients are well-protected with affordable and comprehensive policies. We make sure to go the extra mile to help you with your needs. To learn more about how we can help you, please contact our agency at (877) 752-6711 or Click Here to request a free quote. The coverage discussed is not guaranteed. Please contact our agents to make sure you have adequate coverage and your needs are being met. We are happy to help!