Everyone aged 65 and older is entitled to basic Medicare coverage, which typically covers around 64% of annual healthcare costs. However, this coverage does not account for deductibles, co-payments, and coinsurance, which can add up significantly. To address these gaps, many individuals choose Medicare Supplements. At Lake Hill Insurance Agency, we can assist you in navigating your Texas insurance coverage options.

​

Medicare Part A and Part B are designed to assist retirees with their health insurance needs. If you opt to add Medicare Part B, it is advisable to apply for Medicare Supplements within the first 6 months of eligibility. During this initial period, the Medigap program must accept you and any preexisting conditions, known as "guaranteed issue rights." Generally, as long as you continue paying the premiums, coverage cannot be canceled. After this 6-month window, you may be denied coverage due to preexisting conditions like diabetes, heart disease, or cancer.

​

Texas Medicare Supplemental Health Insurance offers a range of plans, categorized alphabetically with each plan designated by a letter. These plans help cover the costs of deductibles, co-payments, and coinsurance, and may also include benefits for prescriptions, vision, or dental care. They provide the flexibility to choose your own doctors and hospitals that accept Medicare patients and allow you to travel with your coverage throughout the United States.