What Is Medigap Insurance and Why is It Useful?
Medicare is a good basic health coverage program for the elderly, which helps eliminate some of the high cost of medical care. However, while Medicare covers a lot of the health care costs it does not cover all the costs which is where the Medigap insurance comes in. What is Medigap Insurance? Medigap insurance is… Read more
Health Insurance Plans Available Through Medicare
Medicare and Medigap are health insurance plans sponsored by the federal government. Being regulated by the government means that there is not a lot of leeway. Much of Medicare is standardized and is the same throughout the United States however, Florida is unique. The state of Florida is one of four states that allows the… Read more
Does Medigap Cover Issues with Mental Health
As people get older and become eligible for Medicare, they may be concerned about which parts of their health care costs will be covered and which parts they will be completely responsible for. This is especially true when it comes to coverage for mental health, as those visits can become quite expensive over time. Medicare… Read more
Costly Mistakes That Are Made When Choosing a Medigap Plan
When it comes to selecting the right Medicare plans it is important that you do your due diligence. With so many options out there, it is not hard to believe that so many seniors find out after they have made a mistake when choosing their Medigap plan. Unfortunately, once you sign up for a Medigap… Read more
Which Medigap Plan is Right for You?
In the United States, Medigap is also known as Medicare Supplemental Insurance. Unlike Medicare which is administered largely by the government, Medigap insurance programs including the benefits are contracted to private insurers. Recent statistics show about 20% of Medicare beneficiaries are also covered by Medigap. Medicare typically covers enrollees who are 65 years old or… Read more
Medigap in Michigan
Medigap, also referred to as Medicare supplement insurance or Medicare supplemental insurance, refers to the various private health insurance plans that supplement Medicare in the United States. Supplemental Medicare policies are designed to share in the costs not covered by Original Medicare Part A and Part B, including deductibles and coinsurance amounts. There are similarities… Read more
What Happens to Your Medigap Coverage When You Move to a New State
Medigap plans have become immensely popular in recent years because of numerous added advantages they offer over Original Medicare, Part A and Part B. Many people, across the US, are opting for this coverage so that they more of their healthcare costs that are generally not included in the coverage of their original Medicare insurance.… Read more
What is the Difference Between Premiums, Deductibles, and Coinsurance?
Everyone needs to pay something for their health insurance, but the amount is different depending on the type of plan that a person has. Once a person reaches retirement age, they are eligible for Medicare, which may or may not have a charge for premiums but does require everyone to pay a deductible and coinsurance… Read more
The Benefits Of Working With A Medigap Broker
You have guaranteed enrollment in a Medigap supplement insurance or Medigap policy if you are 65 years of age, are enrolled in Original Medicare and if any of the plans are offered in the state where you live. Medicare Supplement plans are sold by private insurance carriers to help pay for some of the services… Read more
When Do I Enroll in Medigap Coverage?
Medigap is an insurance policy that will cover the health care costs that you incur that regular Medicare, Part A and Part B, does not cover. These costs can include co-payments, deductibles, and travel outside of the United States. However, Medigap supplement insurance does not cover costs that are associated with dental care, vision, hearing… Read more