Do you make less than $1,600 a month? Do you have a chronic health condition, like diabetes, high blood pressure, heart conditions, or COPD? If you said yes to any of these questions, you may qualify for a Medicare Special Needs Plan (SNP). These plans provide you with extra benefits that are tailored to your needs, many times at NO ADDITIONAL COST. Plus, you can enroll in an SNP anytime throughout the year. It’s important that you understand all of your benefit options so that you’re NOT missing out on important coverage today.
FIRST, WATCH THIS 3 MINUTE VIDEO TO LEARN MORE »
Find out if you qualify for more Medicare TODAY! Whether you’re already enrolled or not, fill out the form below and a licensed agent in your state will perform an eligibility verification to find all of the benefits you are entitled to receive. This verification is at NO COST and there is NO OBLIGATION to enroll. Plus, many of these benefits have a $0 premium so it won’t cost you anything to sign up.
A Medicare Special Needs Plan (SNP) is a type of Medicare Advantage Plan which offers specialized benefits, provider choices, and drug plans to meet best the needs of the groups of people they serve. Enrolling in an SNP is limited to individuals who are enrolled in both Parts A & B of Medicare, live in the plan’s service area, and have specific health conditions or financial limitations. All SNP’s are also required to provide Part D (prescription) coverage, and some even offer benefits such as vision and hearing care.
The two SNP’s discussed here are Chronic Condition (or C-SNP) and Dual Eligible (or D-SNP). Other forms of premium assistance may be available to you if you are eligible for an SNP.
Chronic Condition Special Needs (C-SNP) Plans are a type of Medicare Advantage (MA) plan designed to meet the unique needs of people with one or more severe or disabling chronic conditions. Some examples of these conditions include:
A Dual Eligible Special Needs (D-SNP) Plans are a special kind of Medicare Advantage coordinated-care plan. It is an all-in-one plan that combines your Medicare Part A and Part B benefits, your Medicare Part D prescription drug coverage, your Medicaid benefits, and additional health benefits such as vision, dental, or fitness.
If your monthly income and resources are below a certain limit, you may also qualify for assistance with your monthly payments of Medicare premiums through something called a Medicare Savings Program. If you qualify, this might also pay your Part A and Part B deductibles, coinsurance, and copayments.
Seniors and younger adults with disabilities who may NOT qualify for full Medicaid but may still be able to enroll in the Medicare Savings Programs.
If you qualify for a Special Needs Plan (SNP), you can enroll for the plan at any time. You can also switch plans whenever you want under these circumstances throughout the year as well.
Your exact costs can vary depending on the plan you choose. Generally, you will continue paying your Medicare Part B premium, though some SNP will pay part, or all, of this premium.
Like other Medicare Advantage Plans, there may be additional monthly premiums for prescription drug benefits or more inclusive coverage. Other forms of premium assistance may be available to you if you are eligible for an SNP.
Also, if you are enrolled in both Medicare and Medicaid, you are considered Dual Eligible and most of the costs of joining a Medicare SNP will be covered at NO additional cost to you.