The right health insurance coverage is the linchpin of a secure retirement. Whether you're nearing 65 or have surpassed that milestone, understanding how Medicare plans can work for you is crucial for safeguarding your finances in retirement. TMA Insurance Trust deeply understands the unique challenges physicians encounter in securing appropriate coverage during this transition. If you're on the brink of losing traditional group health insurance or are already enrolled in Medicare, you may encounter gaps in coverage for medical bills and prescription medicines. This is where Medicare Supplement and Medicare Part D Prescription Drug plans become indispensable.

Closing the Coverage Gap

Timely enrollment is crucial to avoid lifelong penalties and secure optimal coverage at the best price. That's why ensuring your health coverage now is a key step in preparing for retirement. While original Medicare helps replace some expenses previously covered by employer plans, it leaves significant health coverage gaps, making you responsible for 20% of medical bills and most prescription medicine costs. To close this gap and protect your finances during retirement, seek coverage through Medicare supplement or Medigap insurance, covering costs and preventing unexpected medical bills.

Prescription Drug Coverage

In retirement, prescription drug coverage transitions to Medicare Part D. Our expert advisors can help make sure you are informed and prepared to enroll during critical initial enrollment periods for Medicare supplement plans, ensuring acceptance and offering optimal rates.

Navigating the multitude of options alone can be time-consuming and overwhelming. TMA Insurance Trust advisors simplify the process by ascertaining your needs and finding a Medicare Part D plan that covers your specific medications at the lowest possible costs.

Planning for Future Health Needs

Aging brings changing health needs. Your advisor can evaluate options based on current and future health requirements. While Medicare supplement plan benefits remain consistent, Medicare Part D plans may change yearly. Planning with future needs in mind and re-evaluating Part D plans based on current health needs can lead to long-term savings. TMA Insurance Trust has a rich history of guiding Texas physicians in making knowledgeable insurance coverage decisions to benefit themselves and their families. In addition to tailored coverage, we offer household discounts for added savings, especially when two members of a household secure coverage for Medicare Supplement from the same insurance company.

Your TMA membership gives you valuable access to comprehensive research and analysis for maximum benefit. For questions about bridging the gap in Medicare coverage, call or click below. Our advisors offer a no-cost, no-obligation consultation to ensure a secure and informed transition into retirement healthcare. Contact us today at 800-880-8181, Monday – Friday, 8:00 AM – 5:00 PM CST, and let us prioritize your well-being in retirement.

For over 65 years, TMA Insurance Trust advisors have been serving Texas physicians, their families and staff. TMA Insurance Trust prides itself on offering unbiased information and strategies to members, along with exclusive group rates on a range of the highest-rated plans in the industry.